I think when it comes to licensing and approvals, you are more exposed to the authoritiesā waiting timescales and delays, but that is only an assumption.
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For sure and thatās why I mention the behind-the-scene unknowns. They could have been working with the authorities on this silently for all we know.
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Just noticed, 16 posts away. My memory can store up to 3 and only if these are 1-line. 
Here is an article from Reuters that covers their announcement, including free stock trading.
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So thatās Currency Cardās, Banking, Small Business Banking, Robofunds, Stock Trrading.
Whatās left? Insurance? Card payments like Stripe? Accounting? Book Keeping?
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And then getting into liquidation due to under-delivering all of the aspectsā¦
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Donāt they already do travel & device insurance?
So they do. Still scope for Home, Car, Business Insurance, how about Pet Insurance or Life Insurance.
Not sure how Iād feel having one company service all the things I need, one bad experience and itāll make you question all the other offerings.
Itās more of a marketplace model without explicitly using the term āmarketplaceā as say Monzo will do so. Revolut for instance doesnāt directly underpin itās insurance offers, but has a partner that enables it to offer insurance to its customers. The same way the Reuters article states that Revolut plans to enter the US with a ābanking partnerā.
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Letās be honest, how long before all the main brokers start offering a no-fees model?
Interesting times people. But I like to think I have backed a winner.
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Maybe longer than one would expect because their whole op is optimised for high cost base/higher revenue.
Basically they might need to do a 50% head count cut. And then simultaneously improve the ux on their app/web service or itās pointless.
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What makes you say this? Apparently, they broke even at some point early this year; isnāt this promising for a growth-stage fintech?
We will see their accounts in summer and will find out. Whilst it could be right, the total by the end of the year may have changed. Bear in mind the statement was made in early February, relatively soon after Christmas and New Year, quite juicy periods and loads of transactions.
The firm declined to disclose any figures on revenues or losses, and said it made no sense to do so due to the competitive market it operates in.
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No matter how one cuts it; the busy period applies to all the fintechs and only Revolut managed to break even among its peers. This is impressive surely?
I think @Freetrade_Team was replying to this @Diversify
Also @Freetrade_Team, just to add: they might also need to figure out how to speak to that segment of the market Freetrade has actually identified as being the big opportunity in the first place.
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Aaaaaah cheers. I got a notification that made me think Toby was replying to me, but I guess I just got that because I am the thread creator
You are absolutely right, very impressive to breakeven, even being 5 years since inception and 3 years of real growth. I just think it is a too risky bet, they get into too many things and at some point, they may become unmanageable. As @saf said:
I had a bad experience with their allegedly ābestā currency exchange rates and have since left for a better banking offer. The reason for astonishing growth at the moment could also be that they are international. Monzo established two years after but have more customers in the UK regardless. Once they are out in the EU, more people may reevaluate their choice. Same applies when chosing between Freetrade and Revolut. Where are their sneak pics? Canāt see! 
After all, you want the best for every service. Which is why in most cases the most efficient option will be a different broker, a different bank, a different insurance provider (cannot see how moneysupermarket can even be beaten!) and so forth.
Edit: but do not get me wrong, the company is still admirable. I just cannot resist sliding away from the topic and spitting my subjective opinion on it so please accept my apologies 
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This isnāt new news. Revolut has been saying since the autumn at āRev Ralliesā they would be adding stock trading and a robo/wealth service. Word is they are āpartneringā with ETFmatic for the wealth stuff (it was supposed to go live before Xmas). I could speculate on the stock trading stuff but will save that for another post.
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Revolutās strategy
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āRevolut partners with Freetrade to offer fee free trading ā¦ā
