Revolut expands its business banking services with the launch of GlobalHire, a platform designed to simplify overseas recruitment, onboarding, and payroll for companies seeking international growth without establishing local entities.
Revolut has expanded its business banking push with the launch of GlobalHire, a platform aimed at helping companies recruit, onboard and pay staff in overseas markets without having to set up local entities. The move adds a new layer of employment services to the fintech’s enterprise offering, as it looks to make cross-border hiring less cumbersome for smaller firms and mid-sized groups seeking international growth.
According to Finextra, the service is built into the Revolut Business app and is designed to automate some of the most time-consuming parts of recruitment abroad, including payroll and tax administration. Revolut says the system is intended to reduce friction for finance teams while keeping compliance and capital control visible to senior managers.
The company also says the platform includes features such as in-house currency conversion for local payouts, help with local legal requirements and, for eligible customers, waived security deposits. Pricing starts at £499 per month per employee, a sign that Revolut is targeting firms that want outsourced employer-of-record support without the complexity of handling foreign hires through separate providers.
The launch fits a broader pattern in which financial technology groups are moving further into workplace software and human resources tools. Revolut Business now says it serves close to 800,000 companies worldwide and processed more than £277bn in transaction volumes in 2025, according to Finextra, underscoring the scale the company has built since its business accounts product first launched in 2017.
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Source: Noah Wire Services
Verification / Sources
- https://www.fintechinshorts.com/revolut-launches-platform-for-businesses-to-hire-overseas-talent/ – Please view link – unable to able to access data
- https://www.finextra.com/newsarticle/47583/revolut-launches-platform-for-businesses-to-hire-overseas-talent – Revolut Business has introduced GlobalHire, a service enabling UK-based firms to hire, onboard, and pay international talent as they expand into new markets. This platform addresses the administrative challenges of international recruitment by automating taxes and payroll, integrated within the Revolut Business app. Alex Codina, General Manager of Merchant Payments and GlobalHire at Revolut, stated that GlobalHire is designed to remove administrative friction for global firms while ensuring CFOs maintain control over capital and compliance. The launch follows a period of significant momentum for Revolut Business, which now serves close to 800,000 global businesses and surpassed £277bn ($365bn) in transaction volumes in 2025.
- https://www.revolut.com/business/globalhire/ – Revolut’s GlobalHire platform offers businesses a comprehensive solution to hire, onboard, and pay international employees without the complexities of setting up local entities. The service includes features like waiving security deposits for eligible Revolut Business customers, eliminating double exchange markups by converting payments to local currencies in-house, and ensuring compliance with local laws and regulations. The platform is designed to streamline the hiring process for global teams, providing a faster setup for Revolut Business users and offering competitive pricing starting from £499 per month per employee.
- https://fintechmagazine.com/news/revolut-are-banks-turning-into-human-resources-hubs – Revolut has expanded its services with the launch of GlobalHire, an all-in-one platform designed to facilitate international expansion for UK-based businesses. By integrating Employer of Record (EoR) services directly into its business banking stack, Revolut enables UK customers to hire, onboard, and pay global talent without traditional administrative barriers. The platform addresses the ‘hidden growth tax’ imposed by legacy EoR providers through costly foreign exchange mark-ups and simplifies the process of setting up local entities, allowing businesses to operate as local entities without handling contracts, taxes, payroll, compliance, and benefits.
- https://www.revolut.com/people/recruitment/ – Revolut People is a performance management platform that offers businesses AI-driven tools to enhance talent management. The platform includes features like automated CV scoring, interview scripts, and performance scorecards to help identify, hire, and retain high-performing employees. It aims to streamline the recruitment process by automating administrative tasks such as scheduling and note-taking, allowing managers to focus on building exceptional teams and driving better workplace cultures. The platform is designed to provide a competitive advantage in talent acquisition and management.
- https://www.revolut.com/en-US/news/revolut_acquires_team_from_new_york_talent_sourcing_marketplace_wanted/ – In October 2021, Revolut acquired the team from Wanted, a New York-based talent sourcing marketplace. This acquisition brought a team of engineers and entrepreneurs to Revolut, aiming to strengthen its product development resources. Jean Meyer, founder and CEO of Wanted, expressed excitement about joining Revolut, stating that they had been loyal users for years and now had the opportunity to contribute to a product they love and use daily. Revolut co-founder and CEO, Nik Storonsky, highlighted the acquisition as a means to accelerate growth goals and develop new products and services.
- https://techcrunch.com/2017/06/13/revolut-launches-business-accounts/ – In June 2017, Revolut launched ‘Revolut Business,’ a subscription-based app available to businesses across the UK and Europe. The service allowed companies to create multi-currency accounts with an International Bank Account Number (IBAN) to hold, exchange, and transfer money in 25 currencies. Features included free and instant money transfers between companies using Revolut for Business, real-time spending notifications, and dedicated customer support. The launch aimed to provide businesses with a comprehensive financial solution, positioning Revolut as a competitor to other fintech services like TransferWise’s ‘Borderless account.’
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score: 8
Notes: The article reports on Revolut’s launch of GlobalHire on April 15, 2026. This aligns with recent reports from Finextra and FinTech Magazine, both dated April 15, 2026, confirming the timeliness of the information. (finextra.com)
Quotes check
Score: 7
Notes: The article includes a quote from Alex Codina, General Manager of Merchant Payments and GlobalHire at Revolut. This quote is also present in the Finextra article dated April 15, 2026, suggesting potential reuse. (finextra.com)
Source reliability
Score: 6
Notes: The article originates from FinTech InShorts, a niche publication. While it provides timely information, its limited reach and potential lack of editorial oversight may affect reliability. The Finextra article, dated April 15, 2026, serves as a more authoritative source. (finextra.com)
Plausibility check
Score: 8
Notes: The claims about Revolut’s GlobalHire platform are plausible and align with the company’s recent expansion into business banking services. The Finextra article provides additional details, confirming the service’s features and target audience. (finextra.com)