MAS Awards Capital Markets Services License to Revolut
Challenger bank Revolut has obtained a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).
This will allow them to launch its stock trading feature to its customers in Singapore and beyond, giving them the opportunity to invest in over 1,000 US-listed stocks on the NYSE and NASDAQ.
Revolut expects to roll the service out to its Singapore customers in the first half of 2022.
