Revolut Business wins Finder’s Business Banking Innovation award
Business · 5 January 2024Katharine Yacovone
This post is guest-authored by Kate Steere, deputy editor at Finder. Finder.com is the UK’s fastest-growing price comparison site helping people make better financial decisions, with reviews, guides, comparisons, and videos.
We’re happy to say Revolut Business triumphed in the 2023 UK Finder Banking Innovation Awards, winning in the Business Banking Innovation category.
Now in their 4th year, these awards recognise financial providers delivering stand-out benefits to their customers.
The shortlisted companies are selected based on the impactful features they’ve brought to market in the past 12 months, and an expert panel of judges assesses the finalists.
So what made Revolut Business come out on top in our Business Banking Innovation category? The judges were particularly impressed by its launch of RevTag and introduction of Tap to Pay on iPhone¹. Let’s have a closer look at each feature.
RevTag is Revolut’s instant payment ecosystem without transfer fees. The judges liked how the initiative helps improve cross-border payments, especially for small businesses and sole traders.
The panel also praised Revolut Business for its Tap to Pay on iPhone feature, which lets businesses accept in-person, contactless payments using only their iPhone — no terminals or hardware needed.
Kimberley Powers, co-founder of SkyParlour and part of Finder’s expert judging panel, said “Revolut is helping bring business banking in line with the expectations of consumer banking, making everyday business banking activity easier and cheaper.”
Find out more on Finder’s awards programme and the full methodology.
¹ Tap to Pay on iPhone is currently available to businesses in the UK, France, and Netherlands