I read the Motley article and as pointed out it doesn't...

I read the Motley article and as pointed out it doesn't highlight Raiz being cashflow positive in Australia and heading the same way in SE Asia. It also does not highlight that the population of US is over 13 times Australia - therefore Raiz has had much better success at local penetration -
(FUM converted roughly to A$ is 8.1x, Revenue roughly converted to AUD$8.1x - check your own calcs)
On all the stats - revenue, FUM and cashflow breakeven (plus also international expansion) Raiz is well ahead on comparison and makes the share price look to have great upside.
Still accumulating