{"id":13658,"date":"2019-09-24T06:39:25","date_gmt":"2019-09-24T06:39:25","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=13658"},"modified":"2019-09-24T06:39:25","modified_gmt":"2019-09-24T06:39:25","slug":"revolut-launches-stock-trading-platform","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/revolut-launches-stock-trading-platform\/","title":{"rendered":"Revolut launches stock trading platform"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">British FinTech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform, which is being run in partnership with U.S. broker DriveWealth. The company launched the service, which lets users buy or sell popular stocks with the tap of a button, as a way to lure millennials who normally shy away from investing. The Revolut service also allows users to buy fractions of shares for as low as USD 1. The company hopes that this will allow young users to develop their personal wealth from a younger age in a way that is comfortable, easy and low-cost. Revolut\u2019s service doesn\u2019t currently charge commissions; however, it will eventually apply pass-through fees where applicable and a 0.01% custody fee. The company also hopes that users, once comfortable with the service, will opt to move beyond its basic services and pay for premium offerings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><span style=\"font-weight: 400;\">Revolut currently has over 6 million users and was last valued at USD 1.7 billion in value.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-13658 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='How FinTech is helping the unbanked and underbanked'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/how-fintech-is-helping-the-unbanked-and-underbanked\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/09\/how-fintech-is-helping-the-unbanked-and-underbanked-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-11021\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11021'>\n\t\t\t\tHow FinTech is helping the unbanked and underbanked\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The trouble with marketplace lending today'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-trouble-with-marketplace-lending-today\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/accounting-information-index-data-annual_1232-4192-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9890\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9890'>\n\t\t\t\tThe trouble with marketplace lending today\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='FinTech bridging USD 2 trillion small business funding gap'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/fintech-bridging-usd-2-trillion-small-business-funding-gap\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/07\/fintech-bridging-usd-2-trillion-small-business-funding-gap-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13354\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13354'>\n\t\t\t\tFinTech bridging USD 2 trillion small business funding gap\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>British FinTech firm Revolut is jumping into the online brokerage space with its own commission-free stock trading platform, which is being run in partnership with U.S. broker DriveWealth. The company launched the service, which lets users buy or sell popular stocks with the tap of a button, as a way to lure millennials who normally &hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,292],"tags":[35,335,453],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13658"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=13658"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13658\/revisions"}],"predecessor-version":[{"id":13659,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13658\/revisions\/13659"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=13658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=13658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=13658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}