Wise vs Revolut: Which Is Better for Businesses in 2025?

Wise and Revolut are two leading solutions for businesses managing international payments and multi-currency accounts. Both platforms have earned their reputation for simplifying global financial operations but differ in how they cater to business needs.

Building on our previous review of Wise and Revolut, we’re now diving deeper to see how they stack up against each other. This comparison will help you determine which platform aligns with your business goals—whether you’re focused on reducing costs, streamlining payments, or accessing advanced financial tools.

Features Comparison Analysis

Wise provides multi-currency accounts that support over 40 currencies and local account details in 9 different currencies, such as GBP, EUR, AUD, and SGD. These features make Wise a practical option for businesses managing multiple currencies across regions. However, it doesn’t offer FX tools to manage foreign exchange risk, which could be a limitation for businesses exposed to currency fluctuations.

On the other hand, Revolut supports more than 30 currencies and allows transfers to over 150 countries. It includes advanced financial tools like forward currency contracts, which allow businesses to lock in exchange rates to reduce currency risks. Additionally, Revolut offers cryptocurrency exchange and the ability to accept in-person card payments. However, it only provides local bank details in GBP and EUR, which may not meet the needs of businesses requiring wider local account access.

Both Wise and Revolut allow batch payments for up to 1,000 transactions and offer APIs to automate financial processes. These platforms are reliable choices for UK businesses managing payments at scale.* *

Statrys’ Verdict on Features: Draw

Wise excels in providing a strong local market presence, while Revolut stands out with its advanced financial tools and broader payment reach. The right choice depends on your specific operational priorities.

Fees Comparison Analysis

Wise offers transparent pricing and low FX fees but charges a GBP 45 account opening fee. The lack of tiered plans may also limit flexibility for businesses planning to scale.

Revolut, in contrast, offers free account opening and scalable tiered plans ranging from free to GBP 79 per month. These plans include allowances for free transactions and interbank FX rates, making Revolut cost-effective for businesses with high transaction volumes or varying needs.* *

Statrys’ Verdict on Fees: Draw

Wise is suitable for businesses needing predictable costs, while Revolut’s tiered plans work well for growing businesses with diverse operational requirements.

Cards Comparison Analysis

Wise offers simple and straightforward card solutions with up to 3 virtual cards per member, compatibility with Google Pay and Apple Pay, and no foreign transaction fees. However, Wise cards are only available in select regions, and ATM withdrawals are not supported in Canada and Singapore, which may limit flexibility for some users.

Revolut provides more advanced card features, including up to 200 virtual cards per member, higher spending limits, and cashback on certain transactions. Businesses can spend in over 150 currencies without transaction fees. However, its 2% ATM withdrawal fee can add up for frequent cash users.* *

Statrys’ Verdict on Cards: Revolut

Revolut is better suited for businesses with high spending needs or larger teams, offering greater scalability with its advanced card features. While Wise remains a strong option for smaller businesses prioritising simplicity and no foreign transaction fees, Revolut’s robust card offerings provide more flexibility for growing or complex operations.

Customer Support Comparison Analysis

Wise provides a help centre in 17 languages, email, and 24/7 phone support for the US, with personalised assistance for account holders. However, Wise’s phone support is limited to the US, and working hours for other regions are unclear.

Revolut focuses on digital-first support, with an in-app chat available 24/7 in 100+ languages, a help centre in 41 languages, and email support. However, it does not offer phone support for business accounts, which could be a drawback for businesses that prefer voice communication.* *

Statrys’ Verdict on Customer Support: Revolut

Revolut leads with 24/7 in-app chat, broad language support, and consistent global availability. Wise’s 24/7 phone support is helpful for US-based businesses, but its limited regional availability makes Revolut the better overall option for customer support.

If your business operates in or is expanding to Asia, Statrys is a reliable alternative to Wise and Revolut in this region.

As a licensed Money Service Operator in Hong Kong, Statrys offers payment solutions tailored to businesses registered in Hong Kong, Singapore and the British Virgin Islands. Businesses can hold funds in up to 11 major currencies and make local payments in 12 currencies, including USD, AUD, GBP, EUR, and SGD.

Statrys provides forward contracts with rates based on mid-market rates plus a small markup to help you manage currency risks.

Statrys also offers personalised customer service in multiple languages through various channels to ensure your queries get handled efficiently.

Below is how Statrys can help you save time and reduce fees on multi-currency transactions.