#SME / Revolut reaches 500,000 SME customer milestone after 3 years

Digital banking service Revolut announced a new milestone today as it sailed past 500,000 business customers of Revolut Business.

The business banking service launched three years ago and is available for businesses with a physical presence in the European Economic Area and Switzerland.

In recent months Revolut Business has added a host of new features including direct debits, expense management, open banking for SMEs to add other accounts, and more.

For its business customers Revolut offers a free basic service and then charges £7/month for freelancers and £25/month for companies to access features like additional monthly payments and processing payroll.