Case study

INKSE saves as it goes global

💼 Industry: e-commerce | 📈 Stage: scale-up |📍 Headquarters: Australia

✅ Saved over $60,000 on currency exchange in 9 months
✅ Significantly faster, easier, and more transparent international payments

Fees and T&Cs apply.

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Challenge

Breaking away from the big banks

INKSE is an Australian brand that digitised the fashion supply chain, helping creators develop apparel on one centralised platform. But their financial management tools didn’t quite match the flexibility at the core of their brand.

The company was originally using one of Australia’s big four banks. But currency exchange and international transfers — which are critical to their global operations — came with high rates and fees.

Aside from the costs, the bank’s outdated UX and clunky mobile app made it hard to transfer funds internationally, add new payees, and track transfer statuses.

As the challenges stacked up, it was a no brainer to move to Revolut Business. And the change was like night and day.

Solution

Intuitive tools for global finances

Once INKSE joined Revolut Business, they found a fast, intuitive process for managing currency exchange. Not to mention more transparent international transfers. And best of all, the rates and fees were much lower.

INKSE can pay contractors and overseas suppliers, and receive payments from customers around the world, much more efficiently. And all through Revolut Business. And they’re no longer in the dark once they send a transfer. INKSE can check the progress of their outgoing transfers every step of the way with real-time tracking.

The company also uses virtual Revolut Business debit cards to organise their international software subscriptions, like Slack and Asana, which they can now easily pay in USD. All the while, their funds are protected by a bank guarantee issued by an Australian-authorised deposit-taking institution.

Results

$60,000+ saved, and counting

Revolut Business helped INKSE grow from an Australian start-up to a truly global business. And our Business account offers the scalability INKSE needs as it expands into the US next.

Just 9 months after switching over to Revolut Business, INKSE has saved $62,000 on currency exchange thanks to our interbank rate and lower fees. They’ve used the savings to hire new staff and develop their operations and offerings. As a result, they’ve been able to deliver tech projects 60% faster and strengthen their brand for the future.

Matthew Zylstra, CEO • INKSE"It’s incredible how much cash we’ve been able to save just in exchange alone. We have used that money to hire new staff, deliver technology projects 60% faster, innovate in our space, and improve our brand."Learn more