Revolut has officially rolled out its business accounts in the United States across all 50 states.
Revolut is bringing its innovative business accounts to the US, offering customers one place to manage all things business. Revolut Business allows companies to sign-up for multi-currency accounts in minutes, issue physical and virtual corporate cards, make free money transfers in 29 currencies to pay suppliers, partners, or employees wherever they may be – all at the interbank exchange rate.
Business account features include free and instant money transfers between companies that are signed up for Revolut Business, foreign currency accounts that allow customers to spend like locals, as well as tools for expense and subscription management. Additionally, customers can seamlessly integrate the latest apps and services from Revolut and industry-leading external partners such as Slack, Zapier, Xero, and QuickBooks, to optimize processes, save time, and reduce human error.
Revolut co-founder and CEO, Nik Storonsky, commented:
“A US banking license would ultimately enable us to provide US customers with all the essential financial products and services they can expect from their primary bank including loans and deposits. We’re on a mission to build the world’s first global financial superapp, and pursuing a US banking license is an integral part of the journey.”
“Small and medium-sized businesses are massively underserved in the US, and we want to empower them with the tools to grow and scale globally,” Storonsky said. “Tackling fragmented processes, high fees, and other business banking pain points, we built an end-to-end solution that saves business owners time and resources to focus on what really matters – running their business.”
