IPO - Raiz Invest Limited, page-67

I'm not so sure that we can just calculate, FUM=(x) and that is a breakeven point. Due to other products on offer and then relative expenses. Maybe someone else can help us work out a breakeven point?
I think noting month on month, QTR on QTR growth of the FUM is very important. Exactly like what Afterpay has been killing this year.

Re. Raiz collecting your small change to invest. I have friends who use the app and to my understanding you can definitely select the tier of investing you like. From a very minimal amount. It links to your debit card transaction and for example if you spend $9.95 on and item in the shops, Raiz will round up to the dollar and collect $0.05 from your transaction.
I think where people come unstuck is that they don't take the funds every single transaction, they accumulate over a period of time (i guess weekly) and then take a lump sum transaction from your selected account.

If it was still a cash world this is the equivalent to all of the loose change that ends up in your car ashtray or money box. Except Raiz is putting this change straight to work on your behalf. Great idea considering the whole world is going cashless. (Just my opinion, interested in feedback)