Revolut Business launches global hiring platfom

Revolut Business has announced the launch of a global hiring platform designed to help UK businesses recruit and pay international employees without establishing local legal entities.

GlobalHire, an Employer of Record (EoR) service, is integrated directly into the Revolut Business ecosystem. The bank’s business arm said the platform enables companies to hire, onboard and pay overseas workers within two to five days.

Revolut said GlobalHire aims to remove operational and financial barriers associated with international expansion, including compliance issues and foreign exchange costs when hiring abroad. EoR providers can charge fees of up to five per cent through currency mark-ups, according to the bank.

The new platform uses Revolut’s foreign exchange infrastructure, which enables salary payments at interbank rates within plan allowances and market hours.

The platform also automates payroll, tax and compliance requirements across jurisdictions.

Revolut cited an independent survey indicating that 27 per cent of UK businesses view local regulatory compliance as a key obstacle to international growth. The bank said the new tool allows firms to bypass the need to establish local entities while managing hiring and payments through a single interface.

The company added that the move reflects growing demand for integrated financial and workforce management tools as businesses look to scale internationally while controlling compliance costs and currency exposure.

Alex Codina, general manager of merchant payments and GlobalHire at Revolut, said the platform is designed to remove barriers for “talent obsessed” global firms whilst ensuring chief financial officers maintain control over capital and compliance.

“A business’s ambition shouldn’t be limited by where it is headquartered, nor by local currency barriers,” he added. “We want businesses globally to have access to the same resources to fuel hyper-growth as Revolut did.”

Revolut said the launch of the platform is part of its strategy to expand beyond core banking services. GlobalHire is the latest result of its much-vaunted new bets programme, which allows internal development of new projects by small teams with venture capital-style funding.

The programme has helped the bank develop a portfolio with 11 product lines generating more than £100 million in annual revenue.

The FinTech also reported that Revolut Business now serves nearly 800,000 customers globally and processed over £277 billion in transaction volumes during 2025.