Revolut to Base 40% of Its Global Workforce in India by 2026
Published by Global Banking & Finance Review®
Posted on March 26, 2026
2 min readLast updated: March 26, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on March 26, 2026
2 min readLast updated: March 26, 2026
Add as preferred source on GoogleRevolut will expand its India global capability centre to host about 40% of its global workforce—5,500 employees in India by end‑2026—boosted by a £500 million (~$670 million) investment over five years.
By Haripriya Suresh
BENGALURU, March 26 (Reuters) - European fintech firm Revolut plans to have around 40% of its global workforce based in India by the end of 2026 as it expands its India global capability centre.
The company, which in 2025 committed 500 million pounds ($669.8 million) to its India business and GCC over five years, said it will fill 1,600 roles in its India centre through 2026, taking its headcount in the country to 5,500 by year-end.
The new positions will span product development, support functions and financial services functions such as payment processing and fraud investigations.
Revolut currently employs 12,000 people globally.
Global capability centers in India, once seen as low-cost outsourcing hubs, now handle operations, finance, research and development for their parent corporations.
Jonathan Beaney, Revolut's head of talent acquisition, called India one of the "deepest and most dynamic talent pools in the world".
"Our India tech hub is central to our global scale... the technical caliber, ambition and excellence we see here make India a natural long-term home for Revolut," Beaney said.
The GCC expansion is, however, separate from Revolut's India business.
India CEO Paroma Chatterjee told Reuters that about a third of Revolut's processes are now run from India, including work on routine transaction monitoring and AI-based alerts.
"Things made visible using the India tech stack, like video KYC - more intelligence came in from the India GCC to share that knowledge overseas to try to implement it in other markets to have tighter onboarding," Chatterjee said.
Revolut, founded in 2015, is one of Europe's leading fintech companies with a $75 billion valuation.
In India, the company is authorised to issue prepaid payment instruments and aims to launch its product next quarter, the company said in a statement.
($1 = 0.7465 pounds)
(Reporting by Haripriya Suresh in Bengaluru; Editing by Sumana Nandy)
Revolut plans to have 5,500 employees in India by the end of 2026.
Around 40% of Revolut's global workforce will be based in India by 2026.
Revolut is hiring for product development, support, payment processing, and fraud investigation roles in India.
Revolut committed 500 million pounds (about $670 million) to its India business and GCC over five years starting 2025.
No, the expansion of India's global capability centre is separate from Revolut’s India business operations.
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