Revolut Business

Revolut is now authorised with restrictions as a UK Bank 🚀 At Revolut, we serve 45 million customers worldwide, with 9+ million of our customers in the UK. As we strive to deliver faster, better, smarter products and services, we’re pleased to announce that today we’ve been authorised with restrictions as a UK Bank. This is an important step towards launching our bank to customers in the UK. ➕ What’s next for Revolut in the UK? We’ve now entered a “mobilisation” period, a common regulatory stage for many new banks. During this period, we’ll complete the setup of our banking processes before starting to operate as a bank in the UK. ➕ What does this mean for our UK customers? Until we complete our work building the best possible banking experience for our customers, we will continue operating as usual. Our current customers will be able to keep using their existing Revolut account as always, with no changes to any of our products. New customers can continue opening e-money accounts with us, as well. And of course, customers’ money will continue to be safeguarded in the same way they always have been with us. Stay tuned — as soon as our setup is complete and we’re ready to launch our UK bank, we’ll make sure to reach out to customers. We’ll then explain what the next steps in the process will be for existing Revolut accounts to become UK bank accounts. For more information and FAQs, please see our blog: https://lnkd.in/dM3KXqV6 We look forward to this next stage of our journey and would like to say a big thank you to all of our customers who continue to support Revolut.

Revolut People, our all-in-one talent management platform, is now connected to Microsoft 🔗 If you’re using the Microsoft suite, hiring with Revolut People just got a lot easier. When you schedule interviews, Microsoft suite will automatically create a calendar event, and you can manage emails without leaving a candidate’s profile — helping you to spend less time on admin, and more time on recruiting that stand-out candidate. Why recruit with Revolut People? 📈 LinkedIn integration: post and promote your Revolut People job listings on LinkedIn from your applicant tracking system (ATS) in real-time 📈 Hire with accuracy: our out-of-the-box skills and competency charts allow you to accurately benchmark what success should look like for each role 📈 ATS: save time with automation to screen CVs at scale and manage job pipelines 📈 Offer management: give anyone in your team permission to create and send offers with job offer templates and our Docusign integration Keen to learn more? Sign up for a demo: https://bit.ly/4614zAI

Seamless, safe, and secure shopping: Revolut Pay joins VS Pay from Visualsoft Ltd! 📲 Thanks to our partnership, Visualsoft merchants can use Revolut Pay to enjoy higher authorisation rates, and connect to over 45 million global Revolut customers who can checkout in 1 click. Visualsoft is the first ecommerce platform in the UK to enable Revolut Pay by default for their merchants — and here’s how it helps: ✅ See payment abandonment rates below 10% ✅ Get 98.5% authorisation rate on average for maximum sales ✅ Access Revolut’s growing, global 45M customer base ✅ Revolut customers spend 2x more with merchants offering Revolut Pay ✅ Non-Revolut customers can enjoy up to £20 reward post-checkout Our partnership with Visualsoft is powered by the Stripe and Revolut Pay integration 🤝

Surplus cash might sound like a good sign: it suggests you successfully cover your company’s day-to-day operations. However, idle surplus cash also means a missed opportunity for your money to do more. We’re here to change that. Introducing Flexible Cash Funds — the newest addition to our treasury tools, allowing European businesses to invest extra cash in low-risk money market funds. Here’s how to get your extra business cash working, even when you’re not. Learn more on our website. #Investing #Finance #CashFlow #Liquidity #Capital

See how Wild achieved 400% growth year-on-year using Revolut Business 👉 https://lnkd.in/ePksusrx

How do you manage complex problems to get to better solutions? Head of Operations, Manuel Soto, discusses the problem-solving approach to developing strategies and features that have led to the exponential growth of Revolut Business. “How do you look at what you have today to get to something better? That’s all about problem-solving. For us, it’s at the core of what we do.” He explains why this skill is assessed during our hiring process and how it leads you to ✅ Solve specific business challenges ✅ Develop and optimise processes ✅ Improve the quality of customer service Learn more about Manuel’s takeaways from his experience in operations and Revolut Business by tuning in to episode 19 of the Revolut Insider podcast 🎧 Spotify https://revolut.la/4f1XuEj Apple Podcasts https://revolut.la/3zD1dI9

Revolut is the most downloaded finance app in the UK and Europe 🚀 Thanks to your trust and support, we hit new heights in 2023 — from new products and services, to record revenue and net profit. Some highlights from our 2023 Annual Report: 🤝 45M customers worldwide, as of June 2024 🏆 #1 finance app by downloads in 11 countries 🌍 We’re in 38 countries, following launches in New Zealand and Brazil 💰 $2.2B revenue, up 95% from 2022 📈 $545M profit before tax 🪙 Net profitable for the 3rd year in a row 🏦 10,000 employees, as of April 2024 🔐 $23B securely held in customer balances 🛡️ $590M saved in potentially-fraudulent transactions Check out more details here: https://lnkd.in/dJ-Bdnae

Dutch businesses, great news! Dutch IBANs are here, ready and waiting in your Business account. Use them to set up direct debit payments and easily pay local utility bills and other charges in the Netherlands 🇳🇱 Local IBANs are also available in France 🇫🇷, Spain 🇪🇸, and Ireland 🇮🇪, but keep an eye out — we’re expanding. Existing eligible Dutch business customers have been migrated to local Dutch IBANs. New Dutch customers are directly onboarded on Dutch IBANS.

Discover how PERGOLUX saved over €25,000 on transfer fees in 6 months, and cut down transaction processing time from days to seconds: https://lnkd.in/dAyN5pct

Your Business account is where your money really grows 📈 Savings is available on Revolut Business paid plans in 🇬🇧 More products that put your money to work coming soon to other countries. T&Cs apply. Savings are protected by the FSCS through our partner banks – subject to eligibility and up to £85k. Check the FSCS website for more information.