January 22, 2025

Revolut Unveils Robo-Advisor Service in Singapore

RA

Revolut, a leading global fintech serving over 50 million customers worldwide, has introduced its Robo-Advisor service in Singapore.

This new offering aims to simplify investing for individuals with limited time, minimal experience, or no prior trading knowledge. Customers can benefit from a diversified, customized portfolio tailored to their financial goals and risk preferences through an interactive onboarding process. (hubbis.com)

The service requires a minimum investment of just USD 100. As a promotional initiative, those who sign up for a Robo-Advisor portfolio by 31 March 2025 can enjoy zero management fees until 30 April 2025. After this period, an annual portfolio management fee of 0.75% will apply, calculated and charged monthly. The Robo-Advisor will handle portfolio rebalancing and conduct regular reviews to align with customer risk profiles and target allocations.

A Solution for Rising Costs

Designed to help individuals manage their finances amidst rising costs, the Robo-Advisor aims to provide an accessible and user-friendly investment platform. Revolut is also working to expand its range of investment options and integrate additional financial planning tools to enhance the service.

This launch marks another milestone in Revolut’s efforts to expand its Wealth & Trading portfolio in Singapore. Previously, in May 2023, Revolut introduced Flexible Accounts, an interest-bearing product that invests top-ups in USD-denominated Money Market Funds managed by Fidelity International.