Gate News reports that on March 26, European fintech company Revolut plans to relocate about 40% of its global staff to India by the end of 2026. The company committed in 2025 to invest £500 million (approximately $669.8 million) in its India operations and the Gulf Cooperation Council (GCC) region, including Saudi Arabia, the United Arab Emirates, and other Middle Eastern countries, over five years. Revolut stated that by 2026, it will fill 1,600 positions at its India center, reaching a total of 5,500 employees in India by the end of the year. The new roles will include product development, support functions, and financial services such as payment processing and fraud investigation. Currently, Revolut has 12,000 employees worldwide. Paroma Chatterjee, CEO of Revolut India, said that about one-third of the company’s processes are currently operated in India, including daily transaction monitoring and AI-based alert work. Additionally, Revolut has received authorization to issue prepaid payment instruments in India and plans to launch its products in the next quarter.
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