Digital banking app Revolut has launched a business offering in Australia. The new offering, called Revolut Business, allows businesses to send and receive payments, manage their finances, and access a range of other features.
Revolut is also seeking a banking license in Australia. If successful, the license would allow Revolut to offer a wider range of banking products and services to businesses in Australia.
The launch of Revolut Business in Australia is a sign of the growing popularity of digital banking in the country. Digital banks are using technology to offer a more convenient and affordable banking experience to customers. Revolut is one of the most well-known and successful digital banks in the world.
The launch of Revolut Business in Australia is also a sign of the growing importance of the Australian market to digital banks. Australia is a large and wealthy country, and it has a well-developed financial system. This makes Australia an attractive market for digital banks that are looking to expand their operations.