European fintech company Revolut aims to relocate approximately 40% of its global workforce to India by the end of 2026. According to Foresight News, the company has committed to investing £500 million ($669.8 million) over five years into its Indian operations and the Gulf Cooperation Council region by 2025. Revolut plans to fill 1,600 positions at its Indian hub, increasing its workforce in the country to 5,500 by the end of 2026. The new roles will focus on product development, support functions, and financial services, including payment processing and fraud investigation. Currently, Revolut employs 12,000 people worldwide.
Paroma Chatterjee, CEO of Revolut India, stated that about one-third of the company's processes, such as daily transaction monitoring and AI-based alert systems, are already managed in India. Revolut has received authorization to issue prepaid payment instruments in India and plans to launch its products in the next quarter.