INSUBCONTINENT EXCLUSIVE:
Fintech startup Revolut likes to announce new things all the time
and the United States , as well as various ETFs and options
In other words, Revolut is going to become the Robinhood of Europe.While American customers have been using Robinhood for years, the rest
of the world has been lagging behind when it comes to stock trading.You still have to open an account on a painfully slow website and pay a
few euros for every transaction
Some companies even ask you to send a letter to create an account
commission when you buy or sell shares
The company plans to make money on margin trading, securities lending and interest on cash
Trading will be available to all Revolut users in Europe and future markets
premium subscription is becoming a sort of Amazon Prime for financial products
clear that Revolut plans on making predictable revenue on this premium subscription
And maybe the trading platform will make more people subscribe to Revolut Premium.Additionally, Revolut now officially has 2 million users
Interestingly, Revolut has 900,000 users in the U.K., where N26 has yet to launch.