Yes, it is very simple. You can change the business name in the Business tab — My business — Business details. Here, under the title Details, you will see the current Business name, which you can change.

You can also change the name of your business in the mobile app. Click on the Settings icon in the bottom bar and select Profile. Click on the pencil icon next to your current business name, and change it. In the end, don't forget to Save the changes