/wholesale banking

News and resources on transaction banking, corporate banking and supply chain finance.

Revolut signs up 500K businesses

Source: Revolut

With the business landscape more challenging than ever, Revolut Business has today announced that it has signed up 500k business customers.

Today’s milestone demonstrates the considerable growth of Revolut Business since it launched in July 2017, just over 3 years ago. Since its inception, Revolut Business has been helping businesses of all sizes, across a number of industries around the world, to get more from their business account.

To celebrate reaching 500k business customers, Revolut Business has launched several new products, updated their interface and navigation, added more mobile functionality, and launched dark mode for mobile apps. Revolut Business is also looking to expand into US and Australian markets, making it easy for businesses to move money between continents without the hassle.

In the past 6 months, Revolut Business has rolled out a suite of new products including Debit cards, instant EUR payments, INR transfers, Direct Debits, Expense Management, Open Banking so businesses can link their other accounts, and Rewards to give them discounts on key services and integrations with a number of key partners including Quickbooks, Bullet HQ and Clear Books.

The updated interface, navigation and mobile functionality provides Revolut Business customers with an easier way to manage all their business finances, in one place. Meanwhile, the introduction of dark mode for both the Revolut Business mobile app helps to improve readability of text, provide better contrast and reduce eye fatigue.

Nik Storonsky, CEO and Founder of Revolut, said:
“We’re delighted to be helping businesses save money and time - and we felt that the milestone called for us to celebrate with a fresh look. The new structure of our Revolut Business web and mobile apps paves the way for some really exciting products we have in the pipeline. We can’t wait to take business accounts to the next level.”

Some exciting new updates include more Connect integrations, more Linked Accounts opportunities, more local account details, acquiring tools, key updates to subscriptions and expenses, a newly revamped Savings & Rewards, and more options for company cards.

Comments: (0)