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Revolut launches Revolut Business in Australia

admin by admin
May 17, 2023
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Revolut launches Revolut Business in Australia
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ReverseRevolut, the global financial superapp with more than 28 million customers worldwide, today announced the launch of its Revolut Business product in Australia, a fast, efficient way to help companies of all sizes manage and grow their finances. Will provide access to affordable and efficient solutions. The way they do business globally.

Now live in 40 markets, reverse trade Improves how businesses of all sizes manage payments, control expenses, and empower their teams. The business-to-business payment service offers a wide range of features, including multi-currency accounts, virtual and physical debit cards, real-time expense reports, and the ability to set up and manage multiple users. The platform provides businesses with safe and secure access to a range of international currencies at real exchange rates, helping them save money on international transactions. Revolut Business is designed to provide businesses with an easy-to-use money management solution that enables them to spend less time on admin and more time to focus on what’s important – their business.

In Australia, Revolut Business is launching with its Grow and Scale plans, which offer businesses up to A$75,000 per month in foreign currency exchange at market-leading exchange rates. The Grow and Scale plans cost A$25 and A$100 per month, respectively. Alongside the launch, Revolut will be offering Australian businesses a three-month trial of any plan.

Since launching Revolut Business in the UK in 2017, Reverse Developed 20 products designed to increase conversions and empower businesses to more effectively manage business finances.

“Globally, Revolut Business is growing at its fastest pace ever, with over 10,000 new businesses joining and paying through us every month,” said James Gibson, Head of Revolut Business. We’ve long heard the demands of businesses that want payments services to be fit for the 21st century – so we’re really excited to be here, bringing Australian businesses of all sizes a seamless and affordable solution that enables them Saves time and money to do.Not only to survive, but to thrive in any market condition.

Matt Baxby, CEO reverse anz said, “Every year Australian businesses are paying more than $5 billion in additional foreign exchange costs associated with international transactions.

“The current cross-border trade landscape is one of high fees and cumbersome ways of doing things; A problem that Revolut Business is aiming to address. At a time when they need it most, we can’t wait to provide Australian companies with an affordable way to conduct borderless business so they can grow and succeed.

Revolut Business is the latest addition to Revolut’s Australian suite of financial products, which already includes a money management app and a suite of investment and travel features designed to make it easier for consumers to send, spend and save money at home and abroad. and is designed to enhance security.

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