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Revolut Secures UK Trading License to Expand Investment Services

19.11.2024 21:00 1 min. read Alexander Stefanov
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Revolut Secures UK Trading License to Expand Investment Services

Revolut has transitioned from operating as an Appointed Representative to becoming an authorized investment firm in the UK, securing its own independent trading license.

This development empowers the fintech to expand its offerings for over 650,000 UK trading customers, who have previously used the platform to trade US-listed shares.

With its new license, Revolut plans to introduce UK and EU stocks, exchange-traded funds (ETFs), and enhanced app features.

Yana Shkrebenkova, head of wealth and trading for the UK, emphasized the company’s commitment to meeting customer expectations by delivering new functionalities in a thoughtful and secure manner.

This milestone aligns with Revolut’s broader growth strategy, following the recent approval of its UK banking license, which paves the way for products like loans, mortgages, and credit cards. The announcement also coincides with the platform surpassing 50 million global customers.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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