Revolut is introducing the option for users across Europe to buy and sell corporate and government bonds.
Provided through Revolut Securities Europe, this service enables users to invest in bonds within the European Economic Area, starting with a minimum of €100 or $100 and a fixed fee of 0.25% per trade.
The fintech company GTN supports this feature with its instant click-to-trade functionality, utilizing FIX and Rest APIs.
In addition, Revolut is enhancing its trading offerings through a partnership with CMC Markets, which will supply trading, pricing, account systems, execution, and clearing services through the Revolut app. Initially, users will have access to trading in FX, Index, Commodities, Treasuries, and Equity CFDs, with plans to support additional asset classes in the future, as stated by CMC CEO Peter Cruddas.
Moreover, Revolut is launching a pan-European debit loyalty card program called RevPoints in the UK, allowing cardholders to convert their spending into rewards, such as airline miles and discounts on travel, accommodation, and experiences.