Revolut has launched a new bill payment service for business customers.
BillPay integrates with major accounting software packages, including QuickBooks, Xero, and FreeAgent and will enable users to manage and pay bills to suppliers in over 150 countries, the company says.
The development comes as Revolut is focusing on building its business offering, with Revolut Business now live in 40 countries following the recent addition of Singapore.
Its global revenues from the segment now top €461m.
Here in Ireland the fintech says its monthly transaction volumes have reached €774m.
According to Revolut Business, it is onboarding over 20,000 companies each month and has hundreds of thousands of active businesses using its technology.
On average around 550 new active businesses are being added each month in Ireland.
"Shaped by our experience serving millions of retail customers, Revolut Business is growing rapidly," said James Gibson, Head of Revolut Business.
"In the last year, we've made huge strides forward in our mission to be the number one finance automation system for businesses and we recently brought the product to Singapore."
"With the support of a significant and growing number of customers behind us, we’re aggressively doubling down on B2B and are ready to revolutionise banking for even more businesses around the world."
Revolut has 2.8 million customers in Ireland.
