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Fintech company GTN has announced a partnership with Revolut, the global financial super-app with over 40 million users worldwide. The collaboration aims to launch bond trading for Revolut's customers in the European Economic Area (EEA) through the Revolut app.
By utilising GTN's instant click-to-trade functionality, delivered via its FIX and REST APIs, Revolut will provide its EEA app users with a seamless bond investing experience. This user-friendly approach will enable Revolut customers to participate in the previously complex world of fixed-income assets. Revolut users can now trade bonds directly through the Invest section of the Revolut app.
Rolandas Juteika, Head of Wealth and Trading (EEA) at Revolut, stated, "This is yet another step in Revolut's mission to build an all-in-one investment platform that is multi-asset class, has coverage across EEA markets, and caters to both advanced and beginner users. Bonds provide an excellent opportunity for investors to diversify their portfolios with fixed income."
As of December 2023, the global bond market value stood at $100 trillion. However, retail investors have faced limitations in accessing this asset class, particularly regarding government and corporate bonds outside their home countries. GTN and Revolut aim to democratize bond investing by offering bonds starting at €100, eliminating high minimum investments and simplifying access to a broader range of assets for portfolio diversification.
Ankit Shah, Global Head of Fintech at GTN, commented, "We are delighted to partner with Revolut to enable their clients to access the bond markets, a truly compelling offering for small investors. Our API allows Revolut to make investing in bonds as easy as investing in stocks. The fractionalisation of bonds eliminates the traditional barriers of high minimum investments and other related complexities, transforming how people build wealth."
GTN is a fintech holding broker-dealer and capital markets services licenses in multiple jurisdictions through its subsidiaries. The company assists brokers, banks, asset managers, and fintechs with scalable and innovative investment and trading solutions. GTN's solutions offer seamless integration with existing services via co-branded front-ends and a versatile API suite. The company has a diverse team of over 450 individuals across Dubai, Singapore, South Africa, Sri Lanka, the UK, and the US. GTN is backed by strategic investors, including the IFC, a member of the World Bank Group, and SBI Ventures Singapore Pte. Ltd., a group company of SBI Holdings, Inc.
