Amaiz vs Revolut Business 2026: Which Is Better for UK Sole Traders?

Amaiz and Revolut Business both target internationally-minded businesses, but they approach the problem from very different angles. Revolut is a global fintech giant valued at over $45 billion, serving millions of customers across dozens of countries. Amaiz is a UK-focused specialist built specifically for sole traders, with a distinctive built-in ACCA accounting service.

If you are a UK sole trader or freelancer who deals with international payments, both of these platforms deserve serious consideration. The question is whether you need the sheer breadth of Revolut’s global ecosystem or the focused simplicity of Amaiz’s UK-tailored approach.

This comparison examines pricing, multi-currency capabilities, international transfers, invoicing, accounting, customer support, and overall value. We will help you determine which platform fits your actual business needs rather than just your aspirations.

Quick Comparison Table

Feature	Amaiz	Revolut Business
Type	Electronic Money Institution (EMI)	EMI
FSCS Protection	No	No
Free Plan	Yes (limited)	Yes (Basic)
Mid-Tier Plan	£49/month + VAT	£25/month (Grow)
Premium Plan	£99/month + VAT	£100/month (Scale)
Currency Accounts	GBP + EUR	25+ currencies
International Transfers	70+ currencies	150+ countries
Built-in Accounting	ACCA accounting included	No (integrations only)
Team Management	Limited	Full (on paid plans)
Advanced Analytics	Basic	Comprehensive
Trustpilot Rating	4.4/5 (~175 reviews)	Varies by region
Global Customers	Niche UK	Millions worldwide
Best For	UK sole traders wanting accounting + banking	Globally active businesses

Pricing Breakdown

Amaiz Plans

Amaiz structures its pricing around three tiers, with paid plans quoted before VAT:

Free Plan — A basic GBP business account with standard UK domestic transfers. Suitable for testing the platform, but missing the features that make Amaiz distinctive. No multi-currency accounts and no ACCA accounting service.

Professional (£49/month + VAT = £58.80/month) — This is the plan most Amaiz users opt for. It unlocks GBP and EUR accounts, international transfers across 70+ currencies, and the full ACCA accounting service. The accounting alone could justify the cost if you would otherwise hire a bookkeeper or accountant separately.

Premium (£99/month + VAT = £118.80/month) — Everything in Professional plus higher transaction limits, priority support, enhanced compliance features, and dedicated account management. Designed for established businesses with higher volumes.

Revolut Business Plans

Revolut Business offers a tiered structure with more granular distinctions:

Basic (Free) — Includes a GBP business account, 5 free local transfers per month, 1 free international transfer per month, and basic expense management. The free tier is functional but deliberately limited to encourage upgrades.

Grow (£25/month) — Adds 100 free local transfers, 10 free international transfers, multi-currency accounts, team expense cards, and enhanced analytics. This is the entry point for businesses that need international capabilities.

Scale (£100/month) — Includes 1,000 free local transfers, 50 free international transfers, advanced API access, custom approval workflows, and priority support. Aimed at businesses with significant transaction volumes and team management needs.

Beyond the subscription fees, Revolut charges per-transfer fees once you exceed your plan’s free allocation. Local transfers beyond the limit cost £0.20 each, while international transfer fees vary by corridor and amount. Exchange rate markups also apply, though Revolut is generally competitive on major currency pairs during business hours.

Pricing Verdict

At face value, Revolut’s Grow plan at £25 per month is significantly cheaper than Amaiz’s Professional at £58.80 per month. However, the comparison is not straightforward. Amaiz’s Professional plan includes ACCA accounting — a service that would cost £150 to £400 per year from an independent accountant. When you factor in the cost of separate accounting software (£12 to £20 per month) and an annual accountant fee, the total cost of using Revolut plus external accounting can exceed Amaiz’s all-in price.

The right comparison depends on whether you need accounting bundled in or already have your own setup.

Multi-Currency Accounts

This is where both platforms shine, though at very different scales.

Amaiz Multi-Currency

Amaiz offers accounts in two currencies:

GBP account with a UK sort code and account number
EUR account with a dedicated IBAN

Having local account details for both GBP and EUR means UK and European clients can pay you as easily as paying a domestic supplier. There are no incoming transfer fees for either currency, and you can hold balances in both without automatic conversion.

For a sole trader whose international work is primarily with European clients, this covers the most common use case. The limitation is that you cannot hold accounts in other currencies — if a client pays you in USD, it will be converted to GBP or EUR.

Revolut Business Multi-Currency

Revolut’s multi-currency offering is on another level entirely:

25+ currency accounts including GBP, EUR, USD, CHF, AUD, CAD, JPY, SGD, and many more
Local account details for major currencies (GBP, EUR, USD) so clients pay you with local transfer fees
Hold, convert, and send in any supported currency without forced conversion
Interbank exchange rates on major pairs during market hours (weekdays), with a small markup at weekends and for exotic currencies

If you work with clients across multiple continents and currencies, Revolut’s multi-currency accounts eliminate much of the friction and cost associated with international payments. Receiving USD from American clients, EUR from European ones, and AUD from Australian ones, all without conversion — that is a genuine operational advantage.

Multi-Currency Verdict

Revolut wins decisively on breadth. If you need more than GBP and EUR, the choice is clear. Amaiz’s two-currency setup is perfectly adequate for UK sole traders whose international dealings are limited to Europe, but it cannot match Revolut’s global coverage.

International Transfers

Amaiz Transfers

Amaiz supports international transfers in over 70 currencies. Transfers can be initiated from the app, with exchange rates and fees displayed before you confirm. The platform handles the currency conversion and routing, so you do not need to manage the logistics yourself.

For a sole trader paying an overseas contractor or supplier, the process is straightforward. You enter the recipient’s details, choose the currency and amount, review the rate, and send. The competitive exchange rates are one of Amaiz’s selling points, particularly for common corridors like GBP to EUR or GBP to USD.

Revolut Business Transfers

Revolut supports transfers to over 150 countries and offers:

SWIFT transfers for countries outside the SEPA zone
SEPA transfers for European payments (often same-day)
Local payment rails in key markets for faster, cheaper transfers
Scheduled and recurring transfers for regular payments
Batch payments for sending to multiple recipients at once

Revolut’s transfer infrastructure is more sophisticated than Amaiz’s, reflecting its global ambitions. The use of local payment rails where available means transfers are often faster and cheaper than traditional SWIFT, which routes through correspondent banks and accumulates fees along the way.

The exchange rates are competitive on major pairs during business hours (Monday to Friday), with Revolut using interbank rates for conversions within your free allocation. Weekend and exotic currency conversions attract higher markups.

Transfer Verdict

Revolut has the edge on international transfers. More countries, more payment rails, batch payment capabilities, and the infrastructure of a global fintech platform. Amaiz’s 70+ currency coverage is solid and will serve most sole traders well, but if you regularly send money to less common destinations or need batch payments, Revolut is the more capable platform.

Invoicing and Expense Management

Amaiz Invoicing

Amaiz includes invoicing tools that integrate directly with the platform’s ACCA accounting service. You can create professional invoices from the app, customise them with your branding, set payment terms, and track their status.

The key advantage is that invoicing flows directly into bookkeeping. When you issue an invoice, it appears in your accounting records. When the client pays, the payment is automatically reconciled. There is no manual data entry, no CSV exports, and no reconciliation headaches at the end of the month.

For sole traders who find the admin side of freelancing tedious, this integration genuinely reduces the workload. You send the invoice, the client pays, and everything is automatically recorded correctly.

Revolut Business Invoicing

Revolut also offers invoicing, but the feature set reflects its broader business focus:

Create and send invoices from the app or web dashboard
Customise with your business logo and details
Track sent, viewed, and paid statuses
Accept payments in multiple currencies
Set up recurring invoices for retainer clients

Revolut’s invoicing is competent and handles multi-currency invoicing well, allowing you to invoice clients in their local currency. However, the accounting integration is less seamless. Revolut connects to Xero and QuickBooks through its API, so transactions and invoices can be synced to your accounting software, but this requires setting up and maintaining the integration.

Expense Management

Both platforms offer expense categorisation and receipt capture. Revolut’s expense management is more developed, with features like team expense cards (on paid plans), spending limits per employee, automatic policy enforcement, and detailed spending analytics. These features are powerful for businesses with employees, but largely irrelevant for sole traders.

Amaiz’s expense management is simpler but feeds directly into the ACCA accounting, ensuring every expense is properly categorised and recorded for tax purposes.

Invoicing Verdict

For sole traders, Amaiz’s integrated approach is more useful. The direct connection between invoicing and professional accounting removes a layer of admin. Revolut’s invoicing is capable, especially for multi-currency scenarios, but you will need separate accounting software to close the loop between invoicing and tax-ready bookkeeping.

Accounting and Tax

Amaiz Accounting

This is Amaiz’s strongest differentiator. The platform includes access to ACCA-qualified accountants who manage your bookkeeping and help with tax compliance. Services on the paid plans include:

Automatic transaction categorisation with professional oversight — not just algorithms, but qualified humans reviewing the output
Income tax and National Insurance calculations based on your actual transactions
Self Assessment preparation and support — help preparing your annual tax return
VAT return preparation if you are VAT registered
Financial guidance from qualified accountants who understand your full financial picture

For many sole traders, accounting is the most stressful and time-consuming aspect of running a business. Having this handled within your banking app, by people who can see all your transactions in real time, is a significant quality-of-life improvement.

The cost comparison is revealing. A basic accounting package for a sole trader typically costs £20 to £50 per month for software plus £200 to £500 per year for an accountant to handle self-assessment. Adding these to a Revolut subscription brings the total cost closer to — or exceeding — Amaiz’s Professional plan.

Revolut Business Accounting

Revolut does not offer built-in accounting. Instead, it integrates with external accounting platforms:

Xero — automatic bank feeds and transaction syncing
QuickBooks — similar integration for reconciliation
API access — for custom integrations with other accounting tools

Revolut also provides analytics dashboards with spending breakdowns, cash flow charts, and budget tracking. These are useful for understanding your financial position at a glance but are not a substitute for proper accounting software.

The analytics on paid plans are genuinely impressive. You can see spending by category, track trends over time, compare periods, and export detailed reports. For businesses that want granular financial insights, Revolut’s analytics are among the best in the fintech space.

Accounting Verdict

For sole traders who need accounting handled for them, Amaiz is the clear winner. For those who already have an accountant and use Xero or QuickBooks, Revolut’s integrations work well. The decision comes down to whether you want a managed accounting service or prefer to handle it yourself with third-party tools.

App Experience and Interface

Amaiz

Amaiz’s app is designed specifically for sole traders and small businesses. The interface is relatively straightforward, with banking, invoicing, and accounting accessible from the main navigation. The simplicity is intentional — Amaiz is not trying to be everything to everyone.

Users generally report that the app is easy to navigate and that the learning curve is minimal. The trade-off is that the app has fewer features and customisation options than Revolut’s.

Revolut Business

Revolut’s app is feature-rich, which is both its strength and its weakness. The business app includes:

Multi-currency wallet management
Team management and permissions
Expense analytics and reporting
Trading and crypto features (though less relevant for sole traders)
Subscription management
Detailed transaction insights

The interface is polished and well-designed, but the sheer number of features can be overwhelming for users who just need basic business banking. Sole traders often report that they use only a fraction of Revolut’s capabilities and find the complexity distracting.

The web dashboard is particularly strong, offering a desktop experience that makes batch operations, reporting, and account management more efficient than on mobile alone.

Interface Verdict

If you value simplicity and a focused experience, Amaiz is less overwhelming. If you enjoy having extensive tools at your fingertips and do not mind a steeper learning curve, Revolut offers more power. For sole traders, simpler often means more efficient in practice.

Regulatory Protection

Neither Amaiz nor Revolut Business is covered by the FSCS (Financial Services Compensation Scheme). Both operate as Electronic Money Institutions (EMIs) regulated by the FCA.

As EMIs, both platforms are required to safeguard customer funds. This means your money is held in segregated accounts separate from the company’s operational funds. If either company were to fail, your funds should be identifiable and recoverable. However, the process is not as immediate or straightforward as FSCS protection, where you would receive up to £85,000 back within seven days.

This is worth considering when comparing these platforms to FSCS-protected alternatives like Tide (via ClearBank), Starling, or Monzo. If deposit protection is a priority, neither Amaiz nor Revolut offers it.

For practical purposes, both platforms are regulated and must meet FCA requirements for safeguarding. The risk is low but not zero, and it is worth being aware of the distinction, especially if you maintain significant balances.

Pros and Cons

Amaiz Pros

Built-in ACCA accounting removes the need for separate accountants and software
Simplified experience designed specifically for UK sole traders
GBP and EUR accounts with local details for both
International transfers in 70+ currencies
Seamless integration between invoicing, banking, and accounting
Personal, attentive service from a smaller company

Amaiz Cons

Only two currency accounts (GBP and EUR) versus Revolut’s 25+
Paid plans are expensive once VAT is added (£58.80/month for Professional)
Free plan is very basic and does not showcase the platform’s strengths
No FSCS protection
No cash deposit facilities
No business loans or credit products
Small customer base and limited track record compared to Revolut
No team management or employee expense features

Revolut Business Pros

25+ currency accounts covering most major global currencies
International transfers to 150+ countries via multiple payment rails
Competitive exchange rates, especially on major pairs during business hours
Powerful analytics and spending insights
Team management and expense cards on paid plans
Massive global ecosystem with proven infrastructure
API access for custom integrations
Lower entry price for international features (Grow at £25/month)

Revolut Business Cons

No FSCS protection
No built-in accounting — requires separate software and potentially an accountant
Interface complexity can be overwhelming for sole traders
Free plan allocation of transfers is restrictive (5 local, 1 international)
Weekend and exotic currency exchange rate markups
Support quality can vary, with some users reporting slow responses
Features like crypto trading and team management are unnecessary for most sole traders
Per-transfer fees beyond free allocation can be unpredictable in total cost

Who Should Choose Amaiz

Amaiz is the better choice if:

You want accounting built into your banking — the ACCA service is unique and genuinely useful for sole traders who find bookkeeping stressful or time-consuming
Your international needs are limited to Europe — if EUR is the only foreign currency you deal with regularly, Amaiz’s GBP + EUR accounts cover your needs
You prefer simplicity over features — a focused app that does banking, invoicing, and accounting well, without the distraction of features you will never use
You value personal service — a smaller platform where you are not just one of millions of customers
You want an all-in-one solution — banking, invoicing, and professional accounting in a single subscription

Who Should Choose Revolut Business

Revolut Business is the better choice if:

You work across multiple currencies and continents — 25+ currency accounts and transfers to 150+ countries are unmatched
You need sophisticated analytics — spending insights, cash flow tracking, and budget management at a level most business banks do not offer
You have a team — expense cards, spending limits, and approval workflows for employees
You want lower-cost international banking — the Grow plan at £25/month is competitively priced for multi-currency access
You already have an accountant and accounting software — Revolut integrates well with Xero and QuickBooks, so you can keep your existing setup
You deal with exotic currencies — beyond the EUR, if you need USD, AUD, JPY, CHF, and others, Revolut handles them natively

The Verdict

For UK sole traders who work primarily with European clients, Amaiz offers a more holistic solution. The combination of GBP + EUR accounts with built-in ACCA accounting is a compelling proposition that can simplify your business admin significantly. If you are currently paying separately for accounting software and an accountant, Amaiz’s Professional plan could actually save you money while giving you a better experience.

For sole traders with a truly global client base or those who deal in multiple currencies beyond EUR, Revolut Business is the more capable platform. Its multi-currency infrastructure is best-in-class among fintech business accounts, and the analytics tools provide insights that help you understand and optimise your business finances.

The deciding factor is the scope of your international activity. If it is Europe-focused, Amaiz’s simplicity and accounting integration are hard to beat. If it spans multiple continents and currencies, Revolut’s global reach is the practical choice. And if your business is primarily domestic, both of these platforms are over-engineered for your needs — you might be better served by a simpler UK-focused account like Tide or Starling.

Consider starting with a free plan on whichever platform interests you. Both offer free tiers that let you experience the app and interface before committing to a paid subscription. The best business account is the one that matches how you actually work, not the one with the longest feature list.