State Street's Asset Management Division Invests in Australian Fintech Platform-February 2024-www.financetom.com

State Street's Asset Management Division Invests in Australian Fintech Platform

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State Street's Asset Management Division Invests in Australian Fintech Platform

Aug 29, 2024 8:32 AM

03:53 AM EDT, 08/26/2024 (MT Newswires) -- State Street's (STT) asset management division said Sunday it has made an investment in Raiz Invest, an Australian fintech platform catering to retail investors.

The investment firm said it will acquire about 5% of Raiz's share capital.

The financial terms of the investment by State Street Global Advisors were not disclosed.

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