Financial Times · 9 Sep, 04:00 · Business briefing

Revolut takes aim at business banking with FTSE 250 companies

Revolut is expanding its business banking services to target FTSE 250 companies, moving beyond its traditional retail and SME focus.

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The briefing

The story
in brief.

What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.

Revolut is expanding its business banking services to target FTSE 250 companies, moving beyond its traditional retail and SME focus. This strategic shift indicates a significant push into the mid-market corporate sector, challenging established high-street banks and fintech competitors. The move suggests Revolut aims to capture larger transaction volumes and more complex financial needs associated with substantial enterprises. For professionals, this signals a maturing fintech landscape where digital-native institutions are increasingly competing for institutional-grade clients, potentially reshaping the corporate banking ecosystem.

Employer demand for AI in Banking skills — indexed growth since 2019
Indicative index of skill mentions in professional job postings for the field this story moves (2019 = 1)

Your move

What this means
for your career.

Every headline redistributes opportunity. Here is who this one rewards — and how to be on the right side of it.

This shift demands that you adapt to a hybrid banking environment where traditional finance meets digital agility. Professionals in corporate finance and treasury management must now evaluate fintech solutions alongside conventional banks, requiring strong analytical skills to assess security, integration, and cost-efficiency. If you work in sales or business development, understanding the value proposition of digital banking for mid-market firms is crucial. You should upskill in digital transformation and regulatory compliance, as these areas bridge the gap between legacy systems and new fintech offerings. Proactively explore how AI-driven financial tools can optimise cash flow and risk management. Engaging with these technologies now positions you as a forward-thinking leader capable of navigating the evolving financial infrastructure, ensuring your career remains relevant as corporate banking becomes increasingly digitised and competitive.

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Indicative salary uplift in the fields matched to this story
Indicative ranges from published continuing-education salary studies, by field — each field is a recommended course below

Matched to this story

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