Editor's Review
Raiz is an innovative money-saving and investing app designed to help users effortlessly grow their wealth. With the ability to start investing with as little as $5, Raiz simplifies the investment process by rounding up your spare change from everyday purchases and automatically allocating it to a diversified portfolio. Featuring in top-tier publications like Forbes and WIRED, Raiz offers a hassle-free way to make your money work for you in the background of your life.
Features
Round-Up spare change from purchases
Automated recurring investments
Lump sum investments available
Diversified portfolio options
Choice of pre-defined investment plans
Pros
Low investment threshold
Automatic saving feature
Easy portfolio diversification
Cons
Limited customization options
Fees may apply for certain transactions
