Revolut will launch unexpressive trade in USA in the United States

Revolut will launch unexpressive trade in USA in the United States

Revolut will launch unexpressive trade in USA in the United States

The British fintech company Revolut will provide the opportunity for American users to trade shares without a http://coin-graph.website/?p=1190 commission. This was told by CNBC founder Revolut Nikolay Peninonsky.

According to him, the company will announce on Tuesday, September 21, about obtaining a license for brokerage and dealer activities in the United States. At the time of writing official statements from the company on this topic there is no.

The license will allow Revolut to compete with companies such as Robinhood and Square, in the field of retail trade.

Penitonsky added that the company will create a single application with Swiss Tag Heuer which “people can manage all aspects of their finances – from banking operations and exchange of currencies to trade in cryptocurrencies and shares”.

According to the head of the American unit, Ron Oliveir, Revolut is now testing a service that will allow users to buy ETF and stocks of companies registered on NYSE and NASDAQ. It is expected that it will become available in a few months.

Recall, in July, Revolut attracted $ 800 million when estimated at $ 33 billion. In September, Penitonsky said that before going to the IPO, the company’s income should be in the range of several billion dollars a year.

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