Revolut Business is a state-of-the-art online banking platform specifically designed for professionals, entrepreneurs, and startups. This innovative banking solution simplifies and streamlines the management of business finances, taking the stress out of dealing with complicated banking procedures. Whether you're an individual professional or managing a startup, Revolut Business efficiently caters to your unique needs by offering a host of integrated and seamless services. With features such as comprehensive accounts management, customizable cards, practical expense management tools, and an easy-to-use accounting system, all your banking needs are just a few taps away on your smartphone. The brilliance of Revolut Business lies in its automation capabilities. By fully automating your account management, it effectively minimizes the risk of human errors. This not only increases the accuracy of your financial management but also saves you valuable time that can be redirected towards growth strategies for your business. Another integral feature of this cutting-edge platform is its unwavering commitment to security. The highest level of protection is maintained at all times, ensuring that your business’ finances are always in safe hands.
Features
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Open banking
Connect your Revolut Business account to your other accounts and view all your finances in one app; easily categorize your transactions in real-time.
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Online transfers and payments
International transfers with no hidden fees; free fund transfers between Revolut Business accounts; accept payments from anywhere in the world for a low fee.
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Subscriptions
Access your dashboard to manage your recurring payments in a few clicks (deactivate your subscriptions in one click).
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Expenses
Automate your accounting by sending expense receipts via the app; sync expenses with Xero for simplified accounting.
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Business integrations
Integrate with popular business tools like Slack, Xero, and Zapier; automate workflows and streamline your business processes.
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Cards
Physical and virtual cards; receipts are sent instantly on the app; cap, validate and track your employees' expenses.
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Multi-currency accounts
Create as many accounts as you need; hold funds in 30 different currencies.
Pricing
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Basic
From €10/month
- Multi-currency account- Unlimited team members- 10 free local transfers/month
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Grow
From €30/month
- Bulk payments- 100 free local transfers/month- 5 free international transfers/month
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Scale
From €90/month
- 1,000 free local transfers/month- 25 free international transfers/month- 2 complimentary Metal cards
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Enterprise
Custom pricing
- Custom allowances for transfers and FX- Dedicated account manager- Custom number of Metal cards
Pros and cons
Pros
- Easy and fast setup: Revolut Business offers a streamlined and quick setup process, with business bank accounts opened in minutes
- Multi-currency accounts and exchange: The platform supports multi-currency accounts while also offering competitive currency exchange rates
- Expense management and budgeting: Revolut Business provides management tools, such as virtual cards and automatic categorization of transactions
Cons
- Limited integrations: Revolut Business offers limited integrations with popular accounting SaaS platforms in comparison to other business banking solutions
- Limited banking features: The software may lack some traditional banking features, like physical branches or certain business lending options
- Limited customer support: Some users have reported challenges with the customer support, including delays in response times or difficulties reaching a representative