Revolut unveils free business accounts
Revolut for Business has launched two business account plans with zero subscription fees, reports Jane Connolly.
With the aim of supporting start-ups and freelancers who want flexibility from their banking, the accounts have been designed to meet the cross-border trade needs of businesses as they grow.
Revolut has also made changes to the pricing structure of its plans, offering businesses the opportunity to tailor their plan to meet their changing needs by upgrading or downgrading at any time.
The challenger’s features include the ability to: create instant multi-currency accounts; issue physical and virtual corporate cards; make and receive transfers in 28 currencies; integrate with apps such as Slack and Xero; create bulk, scheduled and other complex payments; automate payments through an API and more.
“We understand first-hand how frustrating it can be for ambitious entrepreneurial businesses to get the support they need to kick off their journey to success,” says James Gibson, product owner at Revolut for Business. “Using our own experience, we’ve developed a brand new free offering which will save our customers time, money and give them the flexibility and control they need to operate both locally and globally.”
Since its launch two years ago, Revolut for Business has signed up over 100,000 businesses in Great Britain and Europe.