Revolut Gains UK License to Launch Stock Trading in 2025
The fintech giant will expand its trading services to include UK and EU stocks and ETFs following regulatory approval.
- Revolut has received authorization from the UK's Financial Conduct Authority to operate as an investment firm.
- The new license allows Revolut to offer trading of UK and EU-listed stocks and exchange-traded funds starting in 2025.
- Previously, Revolut's UK customers could only trade US-listed shares through a partnership model.
- The company, valued at $45 billion, continues to grow its customer base, with over 650,000 UK trading users.
- Revolut's expansion into stock trading follows its recent acquisition of a UK banking license with some restrictions.