Absolutely the focus needs to be in Australia, but not everyone is Aus will sign up with Raiz. So you need the geographic exposure, staying in line of course with expenditure.
It also creates a barrier to entry for other potential players, i.e Acorns, which I feel when they do list, will attempt a huge land grab. IMO this adds weight to Raiz being a T/O target after making the inroads in other countries as also mentioned by insto investor Dean Fergie.
Bring up those January number within the next week or so.
RZI Price at posting:
52.8¢ Sentiment: Buy Disclosure: Held
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