What is the new service of Revolut for Business?

London based digital banking company Revolut has successfully launched a new product “Revolut for Business” with over 120,000 freelancers, SMEs and start-ups already signed up for the new digital banking account. Revolut was founded in 2015 and provides the service of holding, receiving and exchanging currencies in over 29 currencies without the expensive charges that traditional banks apply.

Now with the new business accounts, it provides new features for business owners to easily access international payments. Business accounts allow users to manage accounts in multiple countries with multiple cards. Following the set up of a business account revolute can provide prepaid cards for a company with the ability to review employee spending and card balances.

Access to these dashboards that provide spending visibility can be granted with various access levels to accountants and staff. Alongside the accounts open API, a business can combine their accounts with accounting software such as XERO, FreeAgent, Slack, Zapier and more, with the goal of making money management for businesses clear and convenient.

Revolut has also rolled out a new twitter account called @RevolutBusiness to manage Revolut business as a separate entity from Revolut, providing communication specific to the new business technology. Currently, to create a business account it takes all of 5 minutes to access the aforementioned features at the price of €7.81 / £6.99 for freelancers and €27.93 / £25.00 per month for companies depending on the size of the business. Revolut is offering the first 3 months free when signing up now.

Revolut business also features the benefit of more than €2,235 / £2,000 worth of discounts with a 10% discount on Apple products, a discount on Slack, credits for Expensify, Google Adwords, and many others.

Steven Zenios

Steven Zenios is a young author and designer with strong passion. A specialist in web design and development, blogger, author and Blockchain entrepreneur. He is the CEO of Web Theoria, a digital agency based in Cyprus. In the last 10 years, he has vastly improved his knowledge and skills to produce great pieces of work, both in the web design industry and article/blog industry. Contact Steven at +357-22029786 ext: 6120 or by email at [email protected] for editorial related questions.

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