Finance app Revolt has announced the launch of 'Revolt Pro,' an expense, payment, and income management platform designed specifically for freelance workers.
The new platform is set to launch first in the United Kingdom before being rolled out to an additional seven European countries. Revolut Pro allows users to manage all of their business finances without requiring them to set up full-fledged business accounts. What's more, the platform allows for several different currency payments at the same time and is compatible with digital wallets.
"As businesses and consumers increasingly use digital payments and cards instead of cash, Revolut Pro enables independent professionals to instantly accept payments [either in-person with Revolut Reader or] online with QR codes, payment links, and by generating invoices and tracking their payments," said Revolt in a recent press release.
Freelance Payment Platforms
Revolt Launches New Finance App Dedicated to Self-Employed Workers
Trend Themes
1. Streamlined Financial Management for Freelancers - The launch of Revolut Pro by Revolt presents an emerging trend in finance that aims to cater to the financial management needs of freelancers without requiring them to set up conventional business accounts.
2. Innovative Payment & Expense Management Solutions - Revolt's new finance app, Revolut Pro, represents an emerging trend in finance where different payment methods are integrated into a single platform to suit the expense and income management needs of self-employed professionals.
3. Multi-currency Payment Platforms - Revolut Pro's compatibility with digital wallets and ability to process multiple payments in several different currencies at the same time indicate an increasing trend in finance that enables easy and secure transfer of funds across borders without the need for traditional banking infrastructure.
Industry Implications
1. Financial Technology - The unveiling of Revolut Pro highlights an emerging opportunity for Fintech firms to create user-friendly financial platforms that cater to freelance workers and small business owners.
2. Digital Payment Platforms - Revolt’s new finance app, Revolut Pro, presents a disruptive innovation opportunity for digital payment platforms to create payment and management systems that are better-equipped to handle the unique needs of self-employed professionals.
3. Global Payment Solutions - The rise of multi-currency payment platforms like Revolut Pro suggests a growing opportunity for global payment solutions firms to develop financial infrastructures that break down traditional barriers to international business and enable cross-border financial transactions.