Revolut – Best Business Banking Innovation of 2019

to disrupt every aspect of banking with freedom, pace, energy, adaptability and flexibility. With their focus on singular use case solutions, FinTechs have the ability and opportunity to think narrow and deep.

Revolut for Business

2 things that

have emerged from Revolut are:

1. Consumer-Centricity

2. Platform Banking and digital ecosystems

A closer look at Revolut in 2019

Revolut solves these business banking issues by offering:

Revolut for Business – Features and Highlights

1. Free Plans: Businesses

2. Free Plans: Freelancers

3. Sign-up in minutes, onboard the same day

4. Instant accounts in 28 currencies – load them up in seconds

5. Scheduled and bulk payments in a few clicks

6. Interbank FX rate* and no hidden fees

7. Exclusive perks and benefits worth £000s

8. Manage all cards in one place – physical and virtual

9. Manage your card via the app

10. Set users and permissions

11. Connect your business. Control your business.

12. Easy Accounting – Data feeds direct to Xero

13. Real time account monitoring

14. Infinite possibilities with Zapier

15. Open API – Customize to your needs

Final word on Revolut for Business

Such is the case with Business Banking – Traditionally thought of as stuffy and cumbersome, a few FinTechs (such as Revolut and Holvi) have managed to disrupt Business Banking with such pace and adaptability that completely

reshaping how we view the business banking relationships

Sign up your business to Revolut

2 things that

have emerged from Revolut are:

1. Consumer-Centricity

Banks

are still in the early stages of customer-oriented solutions while FinTechs

such as Revolut and Holvi have managed to offer products and services through non-traditional

channels that empower customers a great extent.

The increased competition within the banking industry and

startups precipitated by the rise of FinTech has indirectly resulted in the

creation of better, more convenient products and services for their customers.

2. Platform Banking and digital ecosystems

Integration of non-banking products into the banking ecosystem

has become the norm. Cooperation with third-party providers is now an important

factor for providing a wide range of services and products. Other forms of

partnerships include a shift towards API Integration as more challenger

banks promote their solutions in terms of Platform Banking by using API-Based

product offerings.

At first glance, it’s hard for a business owner, freelancer

or self-employed person to choose between Revolut, Holvi, and all the business banking

innovations.

A closer look at Revolut in 2019

Revolut tries to solve the now apparent problem of “Why Normal Business Accounts Suck”. We all know about the

business banking issues

of long account opening times, single currency accounts, fees for everything, poor User Experience, and inflexible accounts.

Revolut solves these business banking issues by offering:

Free Plans

Same day remote onboarding

Instant accounts in 28 currencies

International transfers at the Interbank FX rate

Unlimited corporate cards (virtual cards

available too)

Powerful integrations and Open API

Better

Business

Banking

Start for free