Revolut Introduces Revolut Pro Account for Freelancers, Gig Workers and the Self-Employed

Revolut, the global financial super-app, today launched Revolut Pro.

A dedicated income, payment and expense management account within the Revolut retail app, Revolut Pro caters for the growing number of freelancers, sole traders, contractors, and self-employed individuals looking to more easily, efficiently and conveniently manage business funds.

Initially launching in the UK and seven other European countries, Revolut Pro is a free account with no monthly fees, and no deposit or balance requirements. The account can be created in under two minutes within Revolut's app, and offers a 1% cashback debit card. It also enables users to quickly and securely send transfers or instant payments to external banks as well as other Revolut accounts. With Revolut Pro, customers can manage their business funds without needing a fully-fledged business account.

Revolut Pro enables multi-currency payments with a physical or virtual card, Google Pay, and Apple Pay, in addition to money transfers. As businesses and consumers increasingly use digital payments and cards instead of cash, Revolut Pro enables independent professionals to instantly accept payments online with QR codes, payment links, and by generating invoices and tracking their payments.

Maria Marti Garcia, Product Owner Revolut Pro, commented: "The explosive increase in gig workers, artists, bloggers, and the like alongside more traditional individual professions including private teachers, home service providers and fair vendors has driven demand for better ways for those working on their own projects, be it full time or part time, to manage income and expenses."

Revolut Pro is one of a number of offerings Revolut provides for business owners, enabling them to take greater control over their finances. Those with advanced needs can create a Revolut Business account, which provides additional features for businesses including team management, bulk payment options, API integrations, and connections with business and accounting apps.

(Source: Fintech Finance News)