Revolut Expands Business Services and Enhances Accounting Integration

Since its inception in 2017, Revolut has onboarded 250,000 businesses, with 20,000 new entities joining each month.

The company operates in 40 countries and is set to launch its business services in Singapore, while handling a global transaction volume of £17 billion monthly.

James Gibson, Revolut Business head, highlighted the rapid growth and progress of their business solutions. He emphasized their goal of becoming the leading finance automation platform for businesses.

“With our expanding customer base, we’re committed to enhancing our B2B offerings and transforming business accounts worldwide,” said Gibson.

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Revolut has also introduced a new tool called BillPay, which integrates with major accounting platforms such as QuickBooks, Xero, and FreeAgent. This feature is designed to streamline the bill payment process across over 150 countries, making it easier for businesses to manage and settle bills with just a few clicks.

“Managing bills can be complex, requiring businesses and accountants to navigate multiple platforms,” Gibson explained. “BillPay simplifies this process by offering better visibility, more straightforward workflows, and seamless integration with accounting software, allowing businesses to focus on growth.”

Alexander Stefanov