Always read the legal stuff.
Rev Trading route trades via a third party broker - DriveWealth LLC.
Sources - Trading | Revolut and Trading | Revolut
This was always known.
DriveWealth is a fast (ish), easy (ish) and cheap(ish) route to offering (fractional) US shares worldwide.
āMostā zero commission brokers that have sprung up recently leverage DriveWealth - itās a few API plugins and youāre away! Thatās assuming you go the ācheapā route and become an āAuthorised Representaiveā rather than fully regulated ( a la Freetrade)
Trouble is all these DriveWealth backend offerings will lack differentiation. Itās similar to all the āPowered by FNZā adviser platforms out there. Ultimately they suck, they charge you for system developments and pass your ideas on to other competitors/users despite NDAs.
Thereās a shovels and goldrush analogy in here somewhere thoā¦
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Iād invest in DriveWealth if I could. It looks like a great Software/API-as-a-Service company (SaaS) making other startupsā lives easier, as more fintechs all over the world want to gain access to US stocks, etc. Looks like a very scalable business with fixed costs.
It has raised at least USD 29.4 million. Series B was in April 2018 - USD 21 million. Steve Cohenās 72 Ventures took part: DriveWealth - Crunchbase Company Profile & Funding
This is 72Vās website - they have an interesting portfolio. Raptor Group also participated, as well as SBI which has an investor relations page even. cc @Viktor and @adam .
Also, judging by DriveWealthās press releases, commission-free US stock trading offerings are popping up all over the world - theyāve signed deals with companies in India, Nigeria, South America - https://drivewealth.com/press
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So the idea is, get product out quickly, increase customer base and then either negotiate on costs with backend routing provider while developing your own?
It doesnāt seem a bad idea as reaching scale is critical. They have started rolling out the beta version in the USA and Singapore in these days.
That would seem a solid strategy, yes. I suspect weāll see this play a few times in the coming monthsā¦
Trading has been rolled out to beta users with an app update this morning. It usually takes 1-2 weeks between the beta testing and public release.
It has been estimated that the average deposit has increased from Ā£70 to Ā£350 per customer in the first half of 2019.
https://www.crowdcube.com/explore/blog/crowdcube/revolut-hits-7m-customers
Canāt yet find in-app, but apparently itās live for standard users now:
https://twitter.com/revolutapp/status/1174563093248167936?s=21
Slightly conflicting messages
Yeah just saw this too, perhaps itās feature flagged and will be granted access once fanfare over an imminent social media announcement is made 
Good news. Steal their lunch FT
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Any one have a list of these ā450 US companiesā ???
Just received mail that trading is open now to the standard customers.
Hope that Freetrade expands soon to the rest of the Europe ( Croatia in my case ).
They are launching in 26 countries. Thatās pretty impressive.
They have 450 stocks on the platform now. Anyway some coverage from
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FinExtra: Revolut stock trading arrives for Standard and Premium customers
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B Daily: Revolut launches new trading scheme for customers with over 150 additional stocks
Anyone here used the service. Whatās it like?
Just took a look at my Revolut app and I can see the āTradingā option has been enabled.
Looks ok, but iāve not tried purchasing any shares through them yet.
But I really only got the Revolut card for using abroad for its better FX rates (I have now switched to my Dozens card instead).
I think I much prefer having a specialised app, like Freetrade, that does one thing very well rather than the Revolut app that has a multitude of functions/options.
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They use Onfido - an ID checking startup - to onboard new trading customers even though these customers have been onboarded already with Rev. Trading is done via DriverWealth - another 3rd party.
With freetrade trading is native and not outsourced to 3rd parties - a great end-to-end experience 
Disclosure: Investor in Rev and 
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Just used Revolut to buy some shares in Altria ( $MO ). The on screen data is reliable and the orders went through quite quickly as well.
I would definitely prefer to use Freetrade though! Looking forward to when the investment platform is done and we have access to thousands of stocks/etfs!
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Good to know itāll be my next buy 2 
Seems very ābolt onā at the moment as is Revolutās style, not a core part of the app. Also no etfs so doesnāt seem suited for long term investing.