The UK FCA has approved Revolut Trading Ltd to expand its permissions, allowing it to offer more comprehensive investment and wealth management services in the UK market in the future, including portfolio management, trading with the principal involved, and potentially leveraged products and high-net-worth customized services, all integrated into its mobile app. Revolut will also introduce AI-driven portfolio recommendations, pushing towards a one-stop financial platform; analysts believe this move indicates increased regulatory maturity and intensified competition between fintech and traditional banks.

MeNews

2026-05-24 11:05:37

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ME News Report, May 15 (UTC+8), Digital bank Revolut announced that its trading division, Revolut Trading Ltd, has received an expanded authorization approved by the UK Financial Conduct Authority (FCA) to launch more comprehensive investment and wealth management services in the UK market. According to the latest approved Variation of Permissions (VoP), Revolut can now manage investment portfolios for clients and participate in certain trades as the principal. This means the platform will soon offer leveraged investment products, professionally managed investment portfolios, and customized wealth management services for high-net-worth users, with all features integrated into its mobile app, alongside daily banking and payment tools. It is reported that Revolut plans to further introduce AI-driven portfolio recommendation tools, continuing its transformation into a "one-stop financial platform." Earlier this year, Revolut officially obtained a full UK banking license. Analysts believe that the FCA’s approval demonstrates an increased maturity as a regulated financial institution and also reflects how fintech companies are accelerating competition with traditional banks and wealth management firms. (Source: ChainCatcher)

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BlueberryStakingMachine

· 23h ago

Leverage in mobile apps, are UK retail investors ready?😂

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GateUser-f4ae43e9

· 23h ago

The main party now has trading authority, meaning they can start manipulating the market themselves, leaving plenty of room for imagination.

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PartiallyMeltedIceCream

· 23h ago

The FCA's recent approval signals are very strong; traditional banks are about to lose sleep.

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ViewingNarrativesFromAHotAir

· 23h ago

Enhancing regulatory maturity is a good thing, but will the high-net-worth customized services have too high a threshold?

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LeverageLatte

· 23h ago

From a small currency exchange tool to a fully licensed wealth platform, this transformation speed is indeed impressive.

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ForkMoment

· 23h ago

AI stock recommendations + leverage, is Revolut about to repeat Robinhood's path?

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Revolut Receives UK FCA Approval to Expand Wealth Management and Investment Services

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