Revolut Business
“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.