Revolut is making automated investing more affordable and accessible with the launch of its robo-advisor product in Singapore for investments as low as $100.
The new Robo-Advisor service will automate and simplify investing for Revolut’s customers in Singapore. It will be available even for small portfolios starting from $100 investments at a management fee of 0.75% p.a.
The tool allows customers to invest without extensive research or active portfolio management, making it suitable for those with limited time or investment experience. It is also highly personalised. Robo-Advisor creates tailored investment portfolios by assessing individual risk tolerance and financial goals. These portfolios are automatically rebalanced to adapt to market changes.
Besides automated management, the service also makes it easier for investors to build up wealth. Customers can set up recurring transfers starting from USD 10 to grow their portfolios consistently. Moreover, a ‘spare change round-up’ feature enables users to automatically invest transaction round-ups when they make purchases with their Revolut debit card, integrating daily spending with investment growth.
In addition to the already affordable price, as a promotional offer, users who invest before March 31, 2025, will enjoy zero management fees until April 30, 2025
By lowering the entry barrier and simplifying the investment process, Revolut empowers more individuals to grow their finances efficiently, especially in a challenging environment of rising living costs.
This launch signifies the firm’s commitment to expanding its wealth and trading services in Singapore. Last year, Revolut introduced the Flexible Accounts offering for the market. These accounts invest deposits in Fidelity-managed USD Money Market Funds, helping customers maximise their money during high inflation and rising living costs.
Besides, the innovative tool goes in line with the evolving banking landscape and growing customer appetite for digital-first services. AI is slowly reshaping banking services, with chatbots, virtual assistants, and robo-advisors being used to enhance customer support and streamline financial management. As technology continues to evolve, so too will the banking and investing experience.
While early robo-advising investment platforms basically used algorithms to determine a suitable portfolio for each customer’s risk appetite, modern tools are more advanced, being able to adapt to the changing market conditions in real time, adjust asset allocation automatically, identify and sell underperforming assets to offset taxable gains, and integrate with regular banking apps. The most cutting-edge robot-advisor services can even predict market trends and optimise investment strategies accordingly.
