XTB, a fintech company that recently introduced retirement accounts in Poland, is now gearing up to enter the UK market with its offering of Individual Savings Accounts (ISAs). With the UK ISA market valued at £400 billion and boasting 27 million accounts, XTB sees ample opportunity for growth despite acknowledging the market’s competitive nature.
The CEO of XTB, Omar Arnout, expressed confidence in the company’s ability to compete, stating that they are well-prepared to enter the UK market with their modern application and commission-free trading options for stocks and ETFs.
In addition to its ISA offering, XTB is considering expanding into other markets, including the potential introduction of Pan-European Personal Pension Products. Arnout emphasized the company’s commitment to exploring new opportunities and growing its presence in various financial sectors.