More Irish firms turn to Revolut as it launches services for corporate clients

Until now, the fintech’s corporate customers had Lithuanian IBANs, which the firm said led to discrimination against customers in the past

The move follows Revolut moving 2 million Irish consumers to Irish IBANs. Picture: Getty

Revolut has introduced local IBANs for its corporate clients in Ireland, which are to be assigned automatically in the coming months, the company said.

The move coincides with a 50 per cent jump in the number of Irish businesses using the fintech’s service from last year.

Until now, Revolut’s corporate customers had Lithuanian IBANs which its consumer users also previously had. The business said this had led to some discrimination against customers in the past, ...