British digital bank Revolut has announced the launch of international payments-focused business accounts for customers in Australia, in addition to the company’s application for an Australian banking license.

The multi-currency business account was launched this week, and Revolut users can exchange up to 75,000 Australian dollars (49,950 US dollars) in foreign currencies each month. These accounts come with physical and digital cards, real-time spending reports, and allow multiple users to manage them. In addition to traditional financial services and international transfers, they also provide cryptocurrency, stock and commodity investments. (Cointelegraph)