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Revolut Targets Australian Businesses with New Account Offering

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The launch of Revolut's business offering in Australia is a sign of the company's growing ambition Source: TechCrunch

Revolut, a digital bank and financial services company, has launched a business offering in Australia. The move comes as the company seeks to expand its presence in the country and offer its services to a wider range of customers.

Revolut’s business offering includes a range of features and benefits that are designed to make it easier for businesses to manage their finances. These features include:

  • A corporate card that can be used to make online and in-store purchases
  • A virtual card that can be used to make online purchases
  • A reporting dashboard that provides businesses with insights into their spending
  • A dedicated customer support team that is available 24/7

Revolut is also seeking a banking license in Australia. This would allow the company to offer a wider range of financial services to businesses, such as loans and overdrafts.

The launch of Revolut’s business offering in Australia is a sign of the company’s growing ambition in the country. Revolut has already attracted a significant number of customers in Australia, and the company is now looking to expand its reach to businesses.

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Mohammad Ali is a fintech and cryptocurrency writer who has been covering the intersection of finance and technology for several years. Ali has a deep understanding of the financial industry and the ways in which technology is changing it, with a special focus on the rise of digital currencies and blockchain technology.