**[Revolut Receives Approval from UK FCA to Expand Wealth Management and Investment Services]** Odaily Planet Daily reports that digital bank Revolut has announced that its trading division, Revolut Trading Ltd, has received approval from the UK Financial Conduct Authority (FCA) for an extension of permissions, enabling it to launch more comprehensive investment and wealth management services in the UK market. Under the newly approved Variation of Permissions (VoP) license, Revolut can now manage investment portfolios for clients and act as a principal party in certain transactions. This means the platform will be able to offer leveraged investment products, professionally managed portfolios, and customized wealth management services tailored to high-net-worth individuals. These features will be integrated into its mobile application, alongside its everyday banking and payment tools. It is reported that Revolut plans to further introduce AI-driven portfolio recommendation tools as it continues its transformation into a "one-stop financial platform." Earlier this year, Revolut officially obtained a full banking license in the UK. Analysts believe that this approval from the FCA demonstrates its growing maturity as a regulated financial institution and reflects the accelerating competition between fintech companies and traditional banks and wealth management firms. (Crowdfundinsider)