Revolut launches Robo-Advisor in EEA to automate investing

Produkt och funktion · 21 februari 2024

Revolut has launched Robo-Advisor service in the EEA, to automate investing tailored to customer needs

The new product is advantageous for those who don't have the time to actively invest, or have limited or no trading experience

Revolut’s Robo-Advisor assigns a portfolio taking into account customers’ personal circumstances like risk tolerance and financial goals; the assigned portfolio will rebalance automatically as the market moves

Revolut has made investing more affordable and accessible by introducing a Robo-Advisor product with a minimum starting investment of just 100 euros.

Revolut, the global financial super-app with more than 35 million customers globally, has launched its own Robo-Advisor service in the EEA. The new product allows customers to save time and automate investing tailored to their needs.

Revolut’s Robo-Advisor helps customers to invest through a diversified portfolio without spending hours on research and continuously managing their portfolios. The new product is advantageous for customers who don't have the time to do extensive research and actively invest, or have limited or no trading experience.

Revolut’s Robo-Advisor will offer a fully diversified and customised portfolio based on the customers’ inputs to questions that will identify amongst others their risk tolerance and financial goals. Once a customer deposits money into their portfolio, the Robo-Advisor automatically invests it in the market and continually monitors and manages the customer’s portfolio. Minimum starting investment amount to get access to Robo-Advisor is EUR 100. Robo-Advisor will have an annual portfolio management fee of 0.75% of portfolio value, charged each month.

Customers can then set up recurring transfers from EUR 10 to their Robo-Advisor portfolio to benefit fully from the technology. Recurring transfers allows customers to increase the size of their portfolio at predefined time and frequency and helps to commit to investing regularly and reduce the impact of short-term price volatility.

Robo-Advisor will automatically rebalance customer portfolios based on the performance of the assets within the portfolio and perform periodic reviews to maintain customer risk tolerances and target portfolio allocations.

Rolandas Juteika, Head of Wealth and Trading (EEA) said: “We are excited to add a Robo-Advisor to our suite of wealth and trading products. We know that many of our customers do not have the time to manage a portfolio or invest in individual securities. In fact, 53% of customers we surveyed last year said they simply don’t know where to start when it comes to investing. Built to make investing more accessible, we want to give our customers the ability to make their money work for them in what we believe will be a tailored and stress-free solution.

We're now actively working to broaden the range of investment opportunities available through our Robo-Advisor, and to integrate even more financial planning tools.”

Revolut recently expanded its investment offering across the EEA with the shares of European listed companies and introduced Trading Pro - a subscription for advanced traders with discounted commission fees, higher order limits, advanced portfolio analytics and a desktop Trading Terminal.

Revolut offers customers access to more than 2,200 US-listed securities, over 220+ EU-listed securities and 270 Exchange-traded funds (ETFs) via the Revolut app.

Investment services in the EEA are provided by Revolut Securities Europe UAB (“Revolut”), which is an investment firm authorised and regulated by the Bank of Lithuania. As with all investments, capital is at risk. The value of investments can go up and down and Revolut does not guarantee that your investment objectives will be achieved or that the portfolio will generate returns. The value of investments may be affected by currency fluctuations. Additional service and instrument-level fees and charges apply.

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