Revolut, a global financial technology firm, has launched its Robo-Advisor service in Singapore.

This service provides users with automated investment options through diversified portfolios, starting with a minimum investment of US$100.

The Robo-Advisor customizes portfolios based on users’ financial goals and risk tolerance, assessed through a series of questions.

After an initial deposit, the platform automatically invests the funds and rebalances portfolios as necessary.

To promote the launch, Revolut will not charge management fees for users who register before March 31.

Following this period, a standard annual management fee of 0.75% of the portfolio value will be implemented.