Revolut to Expand UK Stock Trading Services in 2025

Revolut, Europe's biggest fintech business, has announced ambitions to start trading UK and EU-listed equities next year, increasing competition in the UK retail brokerage industry. The move follows the Financial Conduct Authority's (FCA) clearance for the London-based business to operate as an investment firm, indicating a considerable expansion of its wealth and trading capabilities.

Yana Shkrebenkova, Revolut's head of wealth and trading in the UK, said that the company had already begun constructing infrastructure to handle UK and EU-listed stocks prior to receiving the license. The permission will enable Revolut to interact with a larger network of brokers, with the goal of increasing its customer base in the UK.

The company's new service joins a highly competitive sector dominated by major competitors like Hargreaves Lansdown and AJ Bell, as well as younger entries like Trading 212 and Freetrade. This growth is consistent with the UK government's efforts to encourage investment in domestic stocks, as seen by the FCA's recent revision of listing requirements to make British markets more appealing.

Revolut already offers trading of US-listed equities via its app via a collaboration with a licensed third party. With over 650,000 UK clients now utilizing its trading services out of a total of 10 million app users, the financial behemoth is poised for expansion.

Earlier this year, Revolut launched a separate investing app in various European nations, aimed at clients who are disinterested in its banking services. If successful, the software is set to be released in the United Kingdom. Furthermore, the company is looking at tax-advantaged accounts such as stocks and shares ISAs, bonds, and maybe margin investing, a feature pioneered by rivals like Robinhood.

About Revolut

Revolut, created in 2015, has seen rapid growth, lately reaching a value of $45 billion. Plans for a public offering remain on the table, indicating the company's desire to consolidate its position in the global fintech environment.

Final Thoughts

Revolut's debut into UK and EU stock trading is a watershed event in its growth plan. As the fintech environment grows more competitive, Revolut's ability to innovate and meet different client requirements will be key to retaining its leading position. The firm's ambitious aspirations might transform how UK investors interact with local and European markets.