“Can Revolut Business become the all-in-one financial OS for SMEs globally by leveraging its multi-currency banking infrastructure, merchant acquiring data, and embedded credit to displace traditional business banking at scale?”
Founded in 2015 as a consumer prepaid card and currency exchange app, Revolut launched Revolut Business in 2017 as a multi-currency business account targeting startups and SMEs. Obtaining an EU banking licence via Revolut Bank UAB in Lithuania in 2021 shifted the model from e-money to regulated banking, unlocking credit and deposit products. By 2025, CEO Storonsky declared business banking 'P0' priority, with the B2B segment contributing ~20% of gross profit and growing 53% year-on-year, as Revolut builds toward a $150-200B IPO targeting an embedded financial OS for SMEs globally.
Revolut Business discloses Revolut Bank UAB (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Revolut Business does not disclose a bank charter of its own; its banking services are provided through Revolut Bank UAB (in-house).
Revolut Business processes payments through Revolut Payments (self-operated). Disclosed money-movement rails: SWIFT.
Revolut Business's cards are issued through Revolut Ltd (self-issued).
Revolut Business uses Revolut Business (self-operated) for FX and cross-border payouts.
Revolut Business integrates with Xero and QuickBooks.
The Embedded Finance Index 2026 maps 8 layers in Revolut Business's stack: Payments / PSP (Revolut Payments (self-operated)); Money movement (SWIFT); Banking / BaaS (Revolut Bank UAB (in-house)); Card issuing (Revolut Ltd (self-issued)); Lending (Revolut Business Lending (SME term loans) and Working capital loans (in development/expansion)); FX & payouts (Revolut Business (self-operated)); Accounting (Xero and QuickBooks); Spend / AP (Revolut Business (self-operated)).
Revolut Business was founded by Nikolay Storonsky and Vlad Yatsenko and is founded in 2015, headquartered in London, England, United Kingdom.
Revolut Business has raised ~$1.7B+ (primary rounds) in total (latest round: Secondary share sale, 2025; valuation: $75B (secondary, 2025)).
Get a read on where your own stack stands against Revolut Business and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.