Case study
Safi builds evergreen global operations
💼 Industry: recycling | 📈 Stage: start-up |📍 Headquarters: London
✅ Powered spend for international teams with cards
✅ Seamless management across 10+ currencies
Recirculating recyclables worldwide
Safi is on a mission to improve recycling efficiency, making recycled materials accessible to brands. To earn and work with clients, the company relies on travelling sales and quality control teams.
But managing these teams’ expenses was challenging. Employees had to cover spend out of pocket using personal cards, then follow a lengthy reimbursement process. Inefficiencies with tracking out-of-pocket transactions and chasing receipts made it difficult to control spending and stick to budget.
Safi also deals with multiple currencies across different markets, and wanted to avoid costly and complex exchange tools. The company needed to streamline expenses, simplify currency exchange, and get full visibility over their financial operations. Luckily, that’s what Revolut Business is for.
Simplifying global spend and beyond
Revolut Business provided Safi with an all-in-one solution to seamlessly manage their global financial operations. They used our built-in exchange features from the start, eliminating any need for third-party providers.
The company can exchange all 10 currencies they operate in at the interbank rate within their plan allowance. Safi can also send, spend, and receive different currencies, and hold funds within multi-currency accounts, taking the complexities out of global finances. Beyond that, they use FX Forwards contracts to lock in rates for future spend up to £15 million, and up to 2 years in advance.
Safi also started issuing Revolut Business corporate cards to employees across the 10 countries they operated in. They eliminated the hassle of personal expense claims and set custom and scalable card spending limits to maintain control. Their finance team could now track and approve expenses in real-time, reducing delays and improving budget management.
And their spare cash? They smartly tucked it away in a Revolut Business savings account earning daily-paid interest.
Up-cycled operations
Revolut Business helped Safi see a clearer future, where their finance tools were as evergreen as the recycled materials they trade.
Our corporate cards helped them transform how they managed team spend. It gave employees a seamless way to cover work-related costs, without out-of-pocket spend or reimbursement delays, while ensuring full visibility and control. Managing their currency exchange with Revolut Business was far more cost-efficient than if they relied on third-party providers. Safi could handle transactions in multiple currencies, and hold it all in one account. Meanwhile, FX Forwards let them lock in exchange rates, providing financial stability in volatile markets.
By centralising cashflow, currency management, and expense tracking within one system, Safi streamlined their operations, freeing up valuable time to focus on the future, and how to save it.
