Revolut Business key facts
Last updated- Legal entity
- Revolut Bank UAB
- Headquarters
- Lithuania (LT)
- Ownership
- Part of Revolut Ltd (UK)
- Founded
- 2015
- Data hosting
- EU (any EU region), United Kingdom
- Deployment
- SaaS
- Open source
- No
- US Cloud Act exposure
- Exposed
- Certifications
- Bank of Lithuania Banking Licence, FCA Electronic Money Regulations 2011
- Replaces
- HSBC Business, Barclays Business Banking, TransferWise (Wise) Business, Qonto Business account, Monzo Business account, PayPal for Business
About Revolut Business
Revolut Business is a comprehensive financial technology platform designed for modern enterprises. Operating in the EEA through its Lithuanian-licensed credit institution, Revolut Bank UAB, it provides businesses with a robust alternative to traditional banking. The service allows companies to hold, exchange, and transfer funds in over 30 currencies at competitive rates, significantly reducing costs for international trade. Beyond simple currency exchange, the platform offers a suite of spend management tools, including physical and virtual corporate cards with granular spending limits, automated expense reconciliation, and seamless integration with popular accounting software. For merchants, Revolut provides payment gateway services and in-person payment solutions. While the global group is headquartered in London, its European operations are fully regulated by the Bank of Lithuania and the European Central Bank, ensuring adherence to EU financial standards and deposit protection schemes.