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How to Buy Revolut Stock [2024] | IPO & Valuation

How to Buy Revolut Stock [2024] | Step-by-Step
Bogdan Stojkov

Summary: While Revolut is anticipated to become publicly traded this year, its stock is not available for purchase until the IPO takes place. However, if you’re interested in investing in fintech companies, you can consider buying stocks of Revolut’s competitors through a reliable broker platform such as eToro.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

About Revolut

Revolut homepage. Source: revolut.com

Revolut is a financial technology (fintech) company that has gained widespread popularity for its innovative approach to banking and financial services. Founded in 2015, the London-based company offers a range of services, including currency exchange, budgeting tools, and cryptocurrency trading, all accessible through its mobile app.

Revolut IPO

An initial public offering (IPO) is the process through which a private company becomes publicly traded by offering its shares to the general public on a stock exchange.

Revolut isn’t a publicly traded company; however, discussions surrounding its IPO have persisted for some time. While the current market conditions may not be optimal, the company’s achievement of its first annual profit, a milestone reached eight years post-foundation, could potentially expedite the process.

How to buy Revolut stock: Step-by-step

As we’ve mentioned, Revolut still hasn’t gone public, which means you can’t buy its stock. Nevertheless, this shouldn’t discourage you to pursue investments in the fintech sector. You can research alternative options, which we’ll provide you with in the following segment.

Step 1: Research alternatives

When it comes to Revolut alternatives, we consider these companies as solid choices:

All four of these Revolut alternatives are available on eToro.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Block Inc. (SQ)

Originally established as Square in 2009 by Jack Dorsey and Jim McKelvey, Block has emerged as a key player in the digital payment and financial services sector, making a substantial impact. It stands out as a solid investment alternative due to its established presence in the digital payment and financial services sector, marked by innovations like the widely used Square point-of-sale system and the popular Cash App.

PayPal Holdings (PYPL)

PayPal is a globally recognized digital payments platform that allows users to make secure online transactions, send money, and accept payments. Its global recognition and continuous innovation make it an attractive alternative investment to Revolut, offering a diverse portfolio of digital payment services and merchant solutions with the potential for sustained growth.

Adyen NV (ADYEN)

Adyen is a Dutch payment company that specializes in providing seamless payment solutions for businesses, offering a comprehensive platform that covers online, mobile, and in-store transactions. It presents itself as a strong alternative investment to Revolut, given its focus on providing seamless payment solutions for businesses, which positions it well in the evolving digital payment landscape.

SoFi Technologies Inc (SOFI)

SoFi Technologies is a financial technology company that offers a broad spectrum of financial products and services, including student loan refinancing, personal loans, investment management, and mortgage services. Its comprehensive range of financial products and services, coupled with its user-friendly approach, makes it a compelling alternative investment to Revolut, appealing to investors seeking exposure to a broad spectrum of financial sectors.

Step 2: Choose the right broker

Choosing the appropriate brokerage platform is the initial phase in the process of purchasing stocks. Essentially, a brokerage serves as an online platform that enables the execution of stock buying and selling transactions. Our preferred choice is eToro, a widely used platform renowned for its diverse range of beneficial features, including:

  • Commission-free stock trading;
  • Access to over 2,000 stocks from 17 different exchanges;
  • The option to purchase fractional shares;
  • Charting tools;
  • A user-friendly platform that simplifies the trading experience.

Highly Rated Stock Trading & Investing Platform

  • Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.

  • 0% commission on buying stocks - buy in bulk or just a fraction from as little as $10.

  • Copy top-performing traders in real time, automatically.

  • Regulated by financial authorities including FCA and FINRA.

2.8 Million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Step 3: Fund your account

After selecting a broker, you’ll need to fund your account. Most brokerage platforms accept bank transfers, credit/debit cards, or other payment methods. Follow the instructions provided by your chosen broker to deposit funds into your account.

Step 4: Place an order

Once your account is funded, it’s time to place an order. Therefore, let’s take a look at a simplified guide on how to do it:

  • Log in to your brokerage account;
  • Search for your chosen stock using its ticker symbol;
  • Click on the stock and choose Buy or Trade;
  • Enter the number of shares you want to purchase;
  • Set your desired price (market order for the current market price or a limit order to specify a particular price);
  • Review your order and confirm.

Pros and cons of investing in fintech companies

Pros

Pros

  • Innovation: Fintech companies are known for disrupting traditional financial services, potentially leading to significant growth;
  • Global reach: Fintech companies often have the potential to expand globally, reaching a broad user base;
  • Convenience: The convenience of digital financial services can attract a large customer base, leading to increased revenue.
Cons

Cons

  • Market volatility: Fintech stocks can be more volatile than traditional stocks due to the rapid pace of innovation and market uncertainties;
  • Regulatory risks: Fintech companies may face regulatory challenges that could impact their operations and stock prices;
  • Competition: The fintech industry is highly competitive, and companies may face challenges in maintaining a competitive edge.

Common mistakes when investing in stocks

Avoiding common investing mistakes is crucial when entering the stock market. Here are some mistakes to steer clear of:

  • Lack of research: Failing to thoroughly research the company and industry before investing can lead to uninformed decisions;
  • Emotional investing: Emotional decision-making, such as panic-selling during market downturns, can negatively impact long-term investment outcomes;
  • Overlooking fees: Ignoring transaction fees and other costs associated with buying and selling stocks can erode your returns;
  • Ignoring diversification: Putting all your money into a single stock or sector can expose you to higher risks. Diversification helps spread risk.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about how to buy Revolut stock

Can I buy Revolut stock directly from the company?

No, you’ll need to wait until Revolut goes public with an IPO. And when it does, you’ll likely have to buy Revolut stock through a brokerage platform like eToro.

What is Revolut's stock ticker?

Revolut doesn’t have a stock ticker, as it’s not traded on stock exchanges yet.

When is Revolut's stock IPO?

Reports suggest that Revolut’s stock IPO will occur at some point in 2024.

What is the projected Revolut stock price?

As of now, there’s no projected stock price for Revolut since the company has not yet gone public, and no official IPO plans or valuation details have been announced.

Who owns Revolut stock?

Revolut is currently a privately owned company, with the largest share owned by co-founder and CEO Nik Storonsky, holding a 20% stake, while approximately 75% of the company’s stock is owned by corporate investors.

What are Revolut alternatives for investing?

Popular alternatives for investing include fintech companies like Block (SQ), PayPal (PYPL), Adyen (ADYEN), and SoFi Technologies (SOFI).

What factors should I consider when choosing a broker?

Consider factors such as fees, available investment options, user interface, and customer service.

Is investing in fintech stocks suitable for beginners?

While fintech stocks can offer growth potential, beginners should start with thorough research and consider a diversified investment approach.

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