Raiz

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