Revolut has introduced GlobalHire, a new product within its Revolut Business ecosystem designed to simplify international hiring and eliminate what the company describes as the “growth tax” associated with global expansion. By embedding Employer of Record (EoR) capabilities directly into its platform, Revolut enables UK-based companies to hire, onboard, and pay international employees within two to five days without the need to establish local legal entities.
The launch reflects Revolut’s continued evolution into a multi-product financial platform. According to its latest reporting, the company now operates 11 distinct product lines, each generating more than £100 million in annual revenue, reinforcing its position as a scaled infrastructure player rather than a traditional challenger bank. A key differentiator of GlobalHire lies in its integration with Revolut’s foreign exchange infrastructure. Traditional EoR providers often introduce hidden costs through FX markups, sometimes reaching up to 5% on international payroll transactions. By leveraging interbank exchange rates within its own ecosystem, Revolut reduces these inefficiencies, allowing businesses to manage global payroll directly from their accounts with greater cost transparency and control.
Beyond cost optimization, the platform addresses one of the most persistent barriers to international hiring: regulatory complexity. GlobalHire automates compliance processes, including tax handling and local employment requirements, through a unified system. This eliminates the need for companies to navigate fragmented legal frameworks across multiple jurisdictions or invest in costly entity setups that can take months to complete. The operational benefits are equally significant. Businesses can manage global payroll from a single interface, gaining real-time visibility into workforce expenses and financial flows. The reduced onboarding timeline from weeks or months down to just a few days positions GlobalHire as a tool not only for efficiency but also for competitive advantage in talent acquisition.
The product arrives during a period of strong financial performance for Revolut. The company reported $6.0 billion (£4.5bn) in revenue for 2025, representing a 46% year-on-year increase, alongside $1.7 billion (£1.3bn) in net profit it is fifth consecutive year of profitability. Revolut Business alone processed £277 billion ($365bn) in transaction volume, supported by a growing base of nearly 800,000 business customers and 68 million retail users globally.
This scale is central to Revolut’s broader strategy of becoming a foundational financial operating system for globally active businesses. By combining payments, FX, banking, and workforce infrastructure into a single platform, Revolut continues to reduce friction across the full lifecycle of business operations.
