Helping Malaysians save through spending

KUALA LUMPUR: Raiz Malaysia Sdn Bhd aims to increase its accounts to over 450,000 this year, driven by its goal to help Malaysians to save through spe...

Raiz Malaysia Sdn Bhd aims to increase its accounts to over 450,000 this year, driven by its goal to help Malaysians to save through spending.

Besides round-ups, users may invest lump sum amount or set their recurring investments on a daily, weekly, fortnightly or monthly basis.He explained that the company’s main focus is not to solely grow its AUM but rather on increasing the number or accounts. He said that one of the solutions it could explore with EPF is by developing a solution that targets gig workers, which could help them save for their retirement through spending.

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