Revolut launches account for freelancers

Revolut has launched a new account aimed at freelancers, casual sellers, ‘side-hustlers’ and gig workers.

Revolut Pro will launch in the UK and seven other European countries.

Commenting on the launch, Maria Marti Garcia, product owner at Revolut Pro, said: “The explosive increase in gig workers, artists, bloggers, and the like, alongside more traditional individual professions, including private teachers, home service providers and fair vendors has driven demand for better ways for those working on their own projects, be it full time or part time, to manage income and expenses.”

Sitting within the Revolut retail app, the account is free with no monthly fees and no deposit or balance requirements.

The account offers a one per cent cashback debit card and can be set up from the Revolut banking app.

It allows users to accept payments in different currencies via payment apps, virtual cards or with online QR codes. The new account also allows users to track their finances and generate invoices.

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