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Revolut pays staff $1.3k to win business customers
London-based digital bank Revolut is offering staff 1,000 pounds (US$1,333) for bringing in business customers as CEO Nik Storonsky makes the unit a top priority in an internal memo.
The memo said Revolut will launch business banking in every new market from 2027 and add credit products for businesses next year. It also plans a business growth and onboarding team, plus new staff metrics and business leads across the company.
Revolut had nearly 800,000 business customers in 2025, and the segment made up 16% of revenue, according to its financial statements.
The push comes as Revolut has yet to become customers’ main bank in most markets and has said it may list publicly as soon as 2028.
🔗 Source: Bloomberg
🧠 Food for thought
Implications, context, and why it matters.
Revolut’s business banking arm already brings in hundreds of millions
- Revolut Business already operates at scale and brought in 708 million pounds (US$949 million) in revenue in 2025 1.
- Transaction volume rose 56% year over year to 277 billion pounds (US$371 billion) 1.
- Growth abroad is already strong. The company said business banking grew by more than 140% in Singapore, Australia, and the United States 1.
Business banking also helps Revolut pull in deposits
- The push also supports deposit gathering after Revolut Bank UK Ltd, the group’s UK banking entity, left the mobilisation phase of its UK banking license 1.
- Bloomberg Intelligence estimated that each 10 billion pounds (US$13.4 billion) of current account outflows from the UK’s four largest lenders could cut annual net interest income by as much as 375 million pounds (US$503 million). That equals about a 4% drop in pre-tax profit based on expected 2026 earnings 2.
- Business clients can hold larger balances than retail users. That makes them useful for building deposits as Revolut said it filed for a US national bank charter, a license that would let it operate as a bank across the United States, in March 2026 1.
Recent Revolut developments
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