Revolut Rolls Out Commission-free Stock Trading In The U.S

Revolut is a global fintech player valued at $33 billion, and it will soon offer commission-free stock trading to U.S. customers. The start-up is set to announce today that it secured a U.S. broker-dealer license that will enable it to compete with names like Robinhood ($HOOD@US) and Square ($SQ@US) in the world of retail trading. Founded in 2015, Revolut has grown to become a dominant European consumer fintech firm. It continually piles on new features. It started as a way to avoid currency conversion fees while traveling, but it quickly added banking, trading, and crypto features. It now has more than 16 million customers.