Xero + Revolut Business: taking Kiwi businesses global, faster

Aotearoa New Zealand is a nation of ambitious founders. Because our market is relatively small, many Kiwi small businesses have the goal to go global right from the start. But as anyone who has tried it knows, scaling an international business from our corner of the world comes with unique productivity challenges and a fair share of operational friction.

Managing multiple currencies, navigating unpredictable foreign exchange (FX) fees, and dealing with fragmented banking systems can quickly slow down your momentum. Too often, I hear the same story from brilliant business owners: they’re stuck doing manual admin late at night and shifting data between different platforms just to keep their books accurate.

At Xero, our community is at the heart of everything we do. We’ve always believed that we should do the heavy lifting for you, removing those administrative roadblocks so you can focus on what you do best. That’s why we’re proud to partner with Revolut Business to deliver a seamless, integrated finance solution tailored specifically for Kiwi businesses with global ambitions.

Bringing your global finances into one place

This Xero and Revolut Business integration is all about giving you back time. It brings your international banking directly into your accounting platform. Instead of logging into separate systems to check overseas transactions or manually reconcile cross-border payments, your financial data can now flow automatically between Revolut Business and Xero.

By connecting your tools, you can manage your global finances seamlessly, giving you the clarity and control you need to make confident business decisions:

• Cash flow visibility: Your global transactions feed directly into Xero, giving you an up-to-date picture of your finances across multiple currencies.
• Effortless reconciliation: With your data automatically synced, Xero can instantly match bills and expenses against your statement lines, drastically reducing manual entry.
• Easier bill payments: Pull bills into your Revolut Business account from Xero automatically, or upload them in a few clicks. Just review the details and confirm your payments, with all transaction details syncing right back to Xero.
• Genuine FX savings: You can access interbank exchange rates and hold multiple currencies without the costly markups often charged by traditional banks.
• Speedy setup: Sign up online in minutes and have your business account up and running within 24 hours.

From New Zealand to the world

To see the real value, consider a Kiwi ecommerce business that designs products locally, pays manufacturing suppliers in Asia, and sells directly to customers in the US.

Without the integration, that founder faces constant complexity. They’re paying Asian suppliers in USD or local currencies, waiting for transactions to clear, manually logging the conversion rates, and repeating it all for incoming US sales.

With the Xero and Revolut Business integration, that friction disappears. Incoming USD revenue lands in their Revolut account and updates their cash flow position in Xero automatically. When it is time to pay suppliers in Asia, they can execute the transfer at highly competitive interbank rates, while Xero seamlessly handles the multi-currency accounting behind the scenes. This helps the business save money on foreign exchange and can significantly reduce the hours spent on weekly bookkeeping.

James Gibson, Head of Revolut Business, captures it perfectly: “Global ambition shouldn’t be halted by local admin challenges – it shouldn’t require a mountain of paperwork or exorbitant FX fees. Our integration with Xero ensures cross-border operations work seamlessly.”

Going global should be an exciting milestone, not a financial headache. Small businesses are the backbone of our economy, and when they have the digital tools to operate on the world stage, our whole country benefits.

Try Revolut Business free for three months

To celebrate the partnership and help your business take its next step, we are offering a special three-month free trial of a Revolut Business paid plan.

Ready to expand your borders?

Sign up for Revolut Business today to claim your three-month trial and experience effortless global finance management.