November 8, 2024

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Revolut launches business offering in Australia, seeks banking license

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Revolut launches business offering in Australia, seeks banking license

Crypto-friendly fintech firm Revolut has launched international payments-focused business accounts for clients in Australia, as it reportedly works to secure a banking license down under.

The London-based firm offers a range of fiat payment services for clients in Europe and Australia. It also offers crypto services, including the buying and selling of a number of crypto assets including Bitcoin (

The move adds to the personal accounts it already offers in Australia, which apart from providing traditional financial services and international transfers, also offer access to crypto, stock and commodity investing.

Cointelegraph reported on April 23 that Revolut had partnered with crypto tax solution providers Koinly to enable users to synchronize their transaction history with Koinly and expedite tax calculations.

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