Revolut 'doubles down' on business banking as globalised revenues surpass $500m

Fintech said Irish transaction volumes reached €774m, with 550 new businesses onboarded every month

The company said its accelerated growth is to continue as it onboards 20,000 businesses each month, joining "hundreds of thousands" of active monthly users.

Fintech giant Revolut has said it is "doubling down" on business banking as globalised revenues for its B2B offering surpass $500m (€461m).

In Ireland, monthly processed transaction volumes have reached $839m (€774m), the financial technology group said, adding that it continues to expand its global footprint across key markets.