Revolut launches GlobalHire
Revolut launched GlobalHire, an employer‑of‑record (EOR) service from its UK entity that lets companies hire in more than 160 countries with payroll, benefits, HR, tax and compliance handled. The product's messaging emphasises letting companies 'focus on growth, not entities.' (x.com)
Revolut has launched GlobalHire, a service that lets UK businesses hire full-time staff abroad without setting up local subsidiaries. (revolut.com) The product went live on April 15 and sits inside the Revolut Business app. Revolut said it can move a hire from contract to onboarding in 2 to 5 days and now serves close to 800,000 business customers. (revolut.com) GlobalHire is built around an employer of record model, where a third party becomes the legal employer in the worker’s country while the client company manages the day-to-day job. Revolut says the service handles contracts, payroll, taxes, benefits and local compliance across more than 160 countries. (revolut.com) Revolut is pitching the product on speed and foreign-exchange costs as much as on hiring. Its product page says eligible customers do not need an upfront deposit and can save up to 5% on international salary conversions when payroll runs through a Revolut Business account. (revolut.com) The launch extends Revolut’s push beyond banking into business software. Revolut People, its human resources and payroll product, launched on December 6, 2023, and the company was already telling industry analysts in March 2025 that it was exploring a tool for international hiring without local entities. (revolut.com) (fxcintel.com) That move puts Revolut into a market already occupied by firms such as Deel, Remote, Oyster and Papaya Global. Those companies built their business on helping employers hire and pay staff across borders as remote work spread after the pandemic. (fxcintel.com) Revolut is arriving with a larger financial base than most human resources software rivals. The company reported in March 2026 that 11 product lines each generated more than £100 million in revenue, and said Revolut Business now contributes 16% of group income. (revolut.com) The company is also tying the pitch to a specific pain point for British employers. In its launch announcement, Revolut cited an independent survey it commissioned that found 27% of United Kingdom businesses are held back by the complexity of local regulatory compliance. (revolut.com) For now, the rollout is framed around UK-based businesses using Revolut’s UK entity and business account to hire overseas staff. The closing message is the same one on the sales page: hire globally, keep payroll and foreign exchange in one system, and skip building entities country by country. (revolut.com 1) (revolut.com 2)
