Revolut is expanding its financial services with the launch of a Robo-Advisor in the European Economic Area (EEA), designed to automate the investment process for customers. This new service, tailored for those without the time or experience to manage investments actively, allows users to start investing with as little as EUR 100. The Robo-Advisor considers each customer’s financial goals and risk tolerance to create a fully diversified, customized portfolio that automatically rebalances in response to market changes.
Simplifying Investment for Everyone
Aimed at making investing more accessible, Robo-Advisor offers an intuitive solution for customers seeking to grow their wealth without the need for constant portfolio management. With an annual portfolio management fee of 0.75%, customers can also set up recurring transfers to steadily build their investment over time. This feature is designed to encourage regular investing and mitigate the impact of market volatility.
Rolandas Juteika, Head of Wealth and Trading (EEA) at Revolut, emphasizes the Robo-Advisor as part of Revolut’s commitment to broadening its wealth and trading product suite. Recognizing that over half of its customers were uncertain about starting to invest, Revolut aims to offer an accessible, stress-free investment solution. The company is actively working to expand the range of investment opportunities available through the Robo-Advisor and to integrate additional financial planning tools.
Expanding Revolut’s Investment Offerings
Revolut continues to enhance its investment services in the EEA, recently adding shares of European listed companies and launching Trading Pro, a subscription service for advanced traders. Through the Revolut app, customers have access to a wide array of securities, including over 2,200 US-listed and 220+ EU-listed securities and 270 Exchange-Traded Funds (ETFs).
