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Technology · 22 July 2026

Revolut Business chief: AI cuts startup costs, shifts investment.

Revolut Business chief: AI cuts startup costs, shifts investment.

Image by pablographix on Freepik

James Gibson, who leads Revolut Business, said AI is cutting the cost of building and running companies, so founders need smaller teams and less upfront funding. He said investment is shifting towards compliance, cyber security, staff training and overseas growth instead. Research from The Entrepreneurs Network found 65% think Britain is easy to start a business in, but only 14% say it's easy to scale.

Reported by City AM · How we write briefs

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