Revolut Launches UK and EU Stock Trading in 2025 Following FCA Approval

Monday, 18/11/2024 | 13:55 GMT by Tareq Sikder
  • The firm enters a competitive UK stock trading market, competing with Trading 212 and Freetrade.
  • The fintech plans to explore tax-advantaged accounts and margin investing in the future.
revolut card

Revolut Ltd. will start offering trading of UK and EU-listed stocks in 2025. The company recently received approval from the Financial Conduct Authority (FCA) to operate as an investment firm. This approval allows Revolut to expand its services.

Revolut Targets UK Stock Market

Revolut had been developing the necessary technology before obtaining the license, according to Yana Shkrebenkova, the company's head of wealth and trading in the UK. The trading license will enable Revolut to work with more brokers and expand its UK customer base.

Revolut will enter a competitive UK stock trading market. It will compete with firms like Trading 212 Group Ltd. and Freetrade Ltd., alongside established companies such as Hargreaves Lansdown Plc and AJ Bell Plc.

The UK government is pushing for more investment in local equities , prompting changes to the FCA's listing rules in July to make the market more attractive.

Meanwhile, Revolut is expanding its mergers and acquisitions (M&A) division, indicating potential interest in acquiring other businesses, as reported by Finance Magnates. The firm is also extending its crypto platform, Revolut X, to 30 additional EEA markets, offering access to over 200 tokens with competitive fees.

A recent job posting suggests the company is strengthening its M&A team. Despite the current economic uncertainty, which has prompted some tech companies to cut spending, Revolut appears to be focused on growth.

European Investment App Targets Growth

Francesca Carlesi, Revolut’s UK chief
Francesca Carlesi, Revolut’s UK Chief, Source: LinkedIn

Currently, Revolut offers US stock trading through a third-party partnership. About 650,000 UK users use its trading service, out of more than 10 million banking app users.

In September, Revolut launched a standalone investment app in several European countries, aiming to compete with platforms like Robinhood and eToro. If the European launch is successful, it will also expand the app to the UK.

Revolut is also exploring support for tax-advantaged accounts like stocks and shares ISAs, as well as bonds. It is considering adding margin investing, similar to Robinhood’s offering.

Founded in 2015, Revolut was valued at $45 billion during its latest investment round. The company also plans an initial public offering in the future, according to Francesca Carlesi, Revolut’s UK chief.

Revolut Ltd. will start offering trading of UK and EU-listed stocks in 2025. The company recently received approval from the Financial Conduct Authority (FCA) to operate as an investment firm. This approval allows Revolut to expand its services.

Revolut Targets UK Stock Market

Revolut had been developing the necessary technology before obtaining the license, according to Yana Shkrebenkova, the company's head of wealth and trading in the UK. The trading license will enable Revolut to work with more brokers and expand its UK customer base.

Revolut will enter a competitive UK stock trading market. It will compete with firms like Trading 212 Group Ltd. and Freetrade Ltd., alongside established companies such as Hargreaves Lansdown Plc and AJ Bell Plc.

The UK government is pushing for more investment in local equities , prompting changes to the FCA's listing rules in July to make the market more attractive.

Meanwhile, Revolut is expanding its mergers and acquisitions (M&A) division, indicating potential interest in acquiring other businesses, as reported by Finance Magnates. The firm is also extending its crypto platform, Revolut X, to 30 additional EEA markets, offering access to over 200 tokens with competitive fees.

A recent job posting suggests the company is strengthening its M&A team. Despite the current economic uncertainty, which has prompted some tech companies to cut spending, Revolut appears to be focused on growth.

European Investment App Targets Growth

Francesca Carlesi, Revolut’s UK chief
Francesca Carlesi, Revolut’s UK Chief, Source: LinkedIn

Currently, Revolut offers US stock trading through a third-party partnership. About 650,000 UK users use its trading service, out of more than 10 million banking app users.

In September, Revolut launched a standalone investment app in several European countries, aiming to compete with platforms like Robinhood and eToro. If the European launch is successful, it will also expand the app to the UK.

Revolut is also exploring support for tax-advantaged accounts like stocks and shares ISAs, as well as bonds. It is considering adding margin investing, similar to Robinhood’s offering.

Founded in 2015, Revolut was valued at $45 billion during its latest investment round. The company also plans an initial public offering in the future, according to Francesca Carlesi, Revolut’s UK chief.

About the Author: Tareq Sikder
Tareq Sikder
  • 1109 Articles
  • 14 Followers
About the Author: Tareq Sikder
A Forex technical analyst and writer who has been engaged in financial writing for 12 years.
  • 1109 Articles
  • 14 Followers

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