Revolut for Business has launched two business account plans with zero monthly subscriptions fees.
The fintech firm’s business account plans — which are available to freelancers and corporates — have been designed to support a new generation of start-ups.
Through these plans, Revolut aims to help businesses quickly expand, operate across various markets as well as save entrepreneurs time and money.
Revolut has also revealed changes to the pricing structure of the plans and introduced a customisable model which provides greater control and value pricing.
Revolut for Business users will be able to tailor their plan’s features depending on their business needs.
They can also be upgraded or downgraded at any time.
“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,” said 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.
“Our businesses are the beating heart of the economy and we’re so excited to be able to do our bit to support them.”
This news follows Revolut’s recent launch of its public beta to Australian customers, starting with a roll-out to the 20,000 people on its waiting list.
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
Gravity selects Finastra to power banking and lending services
Gravity has selected Finastra’s Fusion Essence in the cloud solution for its end-to-end core banking capabilities...
An interview with Paul Stockwell: Islamic finance has ‘enormous opportunity’ for growth over coming years
In an interview with Specialist Banking, Paul Stockwell, chief commercial officer at Gatehouse Bank (pictured above), discusses increasing awareness of Islamic finance and opportunities in the banking world...
Revolut for Business launches expense management tool
Revolut for Business has launched a new expense management tool designed to simplify the handling of expenses for growing businesses...
Leek United strengthens intermediary team
Leek United Building Society has strengthened its intermediary team with five new appointments...
BCR awards £10m to Atom bank
Atom bank has received a £10m grant as part of the Capability and Innovation Fund Pool C grants announced by the board of Banking Competition Remedies (BCR)...
Bank of Ireland UK updates broker portal
Bank of Ireland UK has revealed that it has relaunched its broker portal...
Unity Trust Bank increases lending by 47%
Unity Trust Bank has reported an underlying pre-tax profit of £4m in H1 2019, an increase of £1.2m compared with H1 2018...
Taxing times for SMEs
Small business owners are the most creative and resilient individuals I know...
Metro Bank to open first store in the Black Country
Metro Bank is set to open two stores on 20th and 21st September in Solihull and Merry Hill...
TMA Club adds Harpenden Building Society to lender panel
TMA Club has added Harpenden Building Society to its lender panel, giving its members access to the building society’s range of mortgage products...
N26 appoints chief banking officer
N26 has appointed Thomas Grosse (pictured above) as its new chief banking officer...