CMC Connect signs major fintech partnership with Revolut
We are pleased to announce our fintech partnership with global neobank, Revolut. The partnership will see CMC and Revolut connecting via multiple APIs, with the user interface delivered directly via the Revolut app whilst trading, pricing, account systems, execution and clearing are provided by CMC.
Lord Cruddas, CEO of CMC Markets, commented:
“The partnership facilitates back-to-back trading with Revolut, along with a complete back-end integration, providing their customers with access to the CMC Markets Connect trading universe. FX, Index, Commodities, Treasuries and Equity CFDs will be offered initially, with the ability to support other asset classes in the future as the relationship develops and matures. I would like to thank the Revolut team for their trust and faith in our technology and team.”
Revolut added:
“As a global neobank, we work with a wide range of FinTech providers to ensure Revolut customers have access to best-in-class solutions for their investing needs. CMC’s size and legacy in terms of market experience and understanding of how to integrate trading systems seamlessly with other financial institutions has shone through over the last year of negotiations. We look forward to building on this working relationship in the future.”
Lord Cruddas further added:
“This important partnership reinforces CMC’s position as a market leader and innovator in the B2B fintech space. It illustrates how CMC can fully support institutions looking to offer financial products with a full technology and trading infrastructure. Current expectations are that Revolut will launch to its customers imminently.”
18 June 2024