17 December 2017
visit http://response.ncr.com

Revolut launches new business service across UK and Europe

13 June 2017  |  7530 views  |  0 Dollar note jigsaw

Revolut's transformation from a money transfer app to a full-scale bank is picking up pace as the UK fintech firm launches a business platform for British and European companies to manage international payments, payroll and corporate travel.

Revolut says the new service will allow companies to sign up for multi currency accounts in minutes, transfer money with the interbank exchange rate and issue employees with corporate cards for global fee-free spending.

The company says 12,000 businesses have pre-registered to participate in the programme after previewing its plans earlier this year. Businesses will have the option to choose from three packages, ranging from £25.00 - £1,000 per month, with the first month free.

Additional features will include free and instant money transfers between companies that are signed up to Revolut for Business, real-time spending notifications, and dedicated customer support.

Nik Storonsky, Founder & CEO of Revolut says: “Revolut has literally reinvented the way in which people spend and send money abroad, and so launching a business service was the next logical step for us. We can apply the same innovation to help businesses across the UK and Europe eliminate unfair banking fees.”

Launched nearly two years ago, Revolut has significantly expanded its portfolio of offerings to encompass current accounts and fast loan deals, attracting 650,000 customers in the process.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

TransferWise launches multi-currency business bank accounts

TransferWise launches multi-currency business bank accounts

23 May 2017  |  11446 views  |  0 comments | 13 tweets | 22 linkedin
Fintech unicorn Transferwise moves into the black

Fintech unicorn Transferwise moves into the black

17 May 2017  |  7793 views  |  0 comments | 25 tweets | 18 linkedin
Revolut founder hits back at Brexit scaremongers

Revolut founder hits back at Brexit scaremongers

20 April 2017  |  9545 views  |  0 comments | 11 tweets | 6 linkedin
Revolut to undertake £4 million crowdfund raise; launches subscription service

Revolut to undertake £4 million crowdfund raise; launches subscription service

23 March 2017  |  5979 views  |  0 comments | 3 tweets | 5 linkedin
Meet Rita; Revolut's troubleshooting digital assistant

Meet Rita; Revolut's troubleshooting digital assistant

08 February 2017  |  6413 views  |  0 comments | 3 tweets | 9 linkedin
TransferWise for Business launches

TransferWise for Business launches

16 August 2016  |  9970 views  |  1 comments | 17 tweets | 9 linkedin
Revolut breaks UK crowdfunding record with over £12 million pledged

Revolut breaks UK crowdfunding record with over £12 million pledged

13 July 2016  |  8299 views  |  0 comments | 26 tweets | 10 linkedin

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.aciworldwide.comvisit www.niceactimize.comvisit www.ebaday.com

Top topics

Most viewed Most shared
satelliteRipple completes XRP Lockup
10661 views comments | 3 tweets | 2 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
10310 views comments | 18 tweets | 36 linkedin
Banks tap Ethereum smart contracts for MiFID II complianceBanks tap Ethereum smart contracts for MiF...
7732 views comments | 10 tweets | 10 linkedin
Banks and fintech startups join forces on blockchain-based supply chain pilotBanks and fintech startups join forces on...
7362 views comments | 19 tweets | 22 linkedin
hands typing furiouslyReshaping Customer Engagement & Da...
6784 views 0 | 4 tweets | 2 linkedin

Featured job

Find your next job