Raiz Malaysia Sdn Bhd ("Raiz Malaysia") (201801021108) (1283127-W) is a joint venture company between Raiz Invest Australia Limited ("Raiz") and Jewel Digital Ventures Sdn Bhd ("Jewel").

Raiz, formerly Acorns Grow Australia, is a subsidiary of ASX-listed Raiz Invest Limited, regulated and overseen by the Australian Securities and Investments Commission ("ASIC"). It is Australia's largest, mobile-first financial services platform designed to boost investing and savings in and outside of superannuation, available via the Raiz app or its website.

Since launching in 2016 in Australia, Raiz has achieved solid growth, amassing more than 1.15 million downloads, over 791,000 signups, with over 211,000 active monthly customers and over AUD444 million funds under management as at 31 December 2019.

Jewel is a wholly-owned subsidiary of PNB Equity Resource Corporation Sdn Bhd ("PERC"), which, in turn, is wholly owned by Permodalan Nasional Berhad ("PNB") (www.pnb.com.my). PNB is one of the largest fund management companies in Malaysia with assets under management of RM312 billion (as at 31 December 2019) across 14.3 million account holders.