Revolut Business and Wise Business both help companies handle multi-currency money, but they are built around different core jobs. Revolut Business is a…
| Revolut Business | Wise Business | |
|---|---|---|
| Primary category | Payments | Payments |
| Rating | Not documented | Not documented |
| Pricing model | Tiered monthly subscription (Basic, Grow, Scale) plus custom Enterprise pricing; annual billing offers a discount over monthly billing. | usage-based |
| Starting price | Free (Basic plan); paid plans from $30/month (Grow) | One-time account fee of EUR60 (or local equivalent); no monthly subscription |
| Free plan | Yes | Not documented |
| Free trial | Not documented | Not documented |
| Platforms | Web, iOS, Android | Web, iOS, Android |
| Team collaboration | Not documented | Not documented |
| AI features | Not documented | Not documented |
| Public API | Not documented | Yes |
Pricing structure
Revolut Business: Tiered monthly subscription plans from a free or low-cost Basic tier up to custom Enterprise pricing, with allowances and features scaling by plan.
Wise Business: No monthly subscription; a one-time setup fee around 31 dollars followed by per-transaction fees starting around 0.33 percent.
Determines whether a business pays a predictable recurring fee for a feature bundle or pays only for the transactions it actually makes.
Core product focus
Revolut Business: An all-in-one business account and card platform combining multi-currency accounts, corporate cards, expense management, and team permissions.
Wise Business: A cross-border payments and multi-currency receiving account built around mid-market exchange rates and local account details.
Signals which tool is the primary system for spend management versus which is the primary tool for moving money internationally.
Currency exchange fees
Revolut Business: FX conversion at near-interbank rates within a fee-free monthly allowance that resets by plan, with charges once the allowance is exceeded.
Wise Business: FX conversion always priced at the real mid-market rate plus a small disclosed fee of around 0.33 percent, with no monthly allowance to track.
Affects whether cost is predictable per transaction or dependent on staying under a monthly allowance.
Local receiving account details
Revolut Business: Not documented as offering local account details such as IBAN, routing number, or sort code in the provided facts.
Wise Business: Provides local account details, including IBAN, routing number, or sort code, in several major currencies such as USD, EUR, GBP, and AUD.
Local receiving details let international clients pay a business as if it were a local company, avoiding wire fees on the sender side.
Batch and bulk payments
Revolut Business: Offers bulk payments for paying multiple suppliers or running payroll in a single batch, without a documented recipient cap.
Wise Business: Offers batch payments via file upload for up to 1,000 recipients in one go.
A documented, high recipient cap matters to businesses running large payroll or supplier payment runs.
API access availability
Revolut Business: API access is restricted to higher-cost Scale and Enterprise plans.
Wise Business: API access is listed as a core feature without being tied to a specific higher-cost tier in the provided facts.
Determines how much a business must spend before it can automate payments and reconciliation programmatically.
Interest on balances
Revolut Business: Not documented as offering interest on account balances.
Wise Business: Offers variable interest on eligible currency balances held in the account.
Interest on idle balances can offset costs for businesses holding significant multi-currency cash reserves.
Team permissions and expense management depth
Revolut Business: Includes role-based team permissions plus expense management with receipt capture, spend limits, and approval workflows tied to company cards.
Wise Business: Offers real-time expense tracking tied to the Wise Business card, but role-based team permissions and receipt-capture approval workflows are not documented.
Deeper permissioning and receipt-capture workflows matter to finance teams managing many cardholders and approval chains.
Company age and founding
Revolut Business: Founded in 2015 and headquartered in London.
Wise Business: Founded in 2011 and headquartered in London.
Longer operating history can factor into a buyer comfort level holding company funds with a financial technology provider.
| Feature | Revolut Business | Wise Business |
|---|---|---|
| Multi-currency account | Available | Available |
| Local receiving account details (IBAN, routing, sort code) | Not documented | Available |
| Interest on balances | Not documented | Available |
| Feature | Revolut Business | Wise Business |
|---|---|---|
| Near-interbank or mid-market FX rates | Available | Available |
| Fee-free monthly FX allowance | Available | Not documented |
| Feature | Revolut Business | Wise Business |
|---|---|---|
| Physical corporate cards | Available | Available |
| Virtual cards | Available | Available |
| Individual spending limits | Available | Available |
| Feature | Revolut Business | Wise Business |
|---|---|---|
| International payments | Available | Available |
| Domestic and local payments | Available | Available |
| Bulk or batch payments | Available | Available |
| Invoicing | Available | Available |
| Feature | Revolut Business | Wise Business |
|---|---|---|
| Accounting software integrations | Available | Available |
| API access | Limited | Available |
| Feature | Revolut Business | Wise Business |
|---|---|---|
| Role-based team permissions | Available | Not documented |
| Expense management with receipt capture and approvals | Available | Limited |
| Feature | Revolut Business | Wise Business |
|---|---|---|
| Web dashboard | Available | Available |
| iOS and Android apps | Available | Available |
| Phone-first or branch support | Unavailable | Unavailable |
Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.
Pros
Cons
Pros
Cons
Wise Business has no monthly subscription fee, charging a one-time setup fee of around 31 dollars plus per-transaction fees from about 0.33 percent, while Revolut Business charges recurring monthly fees on paid plans that range from around 30 dollars up to custom Enterprise pricing, so Wise Business tends to cost less for low or occasional transaction volumes while Revolut Business can be more cost-effective for teams that fully use its bundled card and expense features every month.
Wise Business is documented as offering local account details, such as IBAN, routing number, or sort code, in several major currencies, which lets international clients pay as if the business were local, a specific capability that is not documented for Revolut Business.
Yes, both Revolut Business and Wise Business offer physical and virtual cards with individual spending limits, though Revolut Business also documents broader expense management with receipt capture and approval workflows tied to those cards.
Both offer API access, but Revolut Business restricts it to the higher-cost Scale and Enterprise plans, while Wise Business lists API access as a core feature without tying it to a specific higher-cost tier in the documented facts.
Wise Business tends to suit occasional international senders better because it has no monthly subscription fee and charges only per-transaction costs, whereas Revolut Business paid plans add a recurring monthly fee that is easier to justify with regular, higher-volume usage.
Revolut Business paid plans, such as Grow, Scale, and Enterprise, charge a recurring monthly subscription fee, though some markets offer a free entry-level tier, while Wise Business has no monthly subscription fee at all, only a one-time setup fee and per-transaction charges.
Read the full Revolut Business review · Read the full Wise Business review