Revolut to hire 300 in India, invest heavily on expansion

The Company is looking for professionals in HR, finance, marketing and other domains

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Revolut, the British digital banking app is looking to hire 300 people for its India subsidiary. As part of its global expansion plans, the Company has recently appointed Paroma Chatteree, as its chief executive in India.

The UK-based fintech company is looking for professionals in the human resources, marketing, finance and growth domains. It is expected to make a multi-million pound investment in India over a period of five years and create about 300 positions at its India hub to better serve its clients across the world.

Revolut offers an alternative to conventional banking products via its range of digitally-enabled offerings across banking and business accounts, cards and payments, foreign exchange transfers, insurance, investments and other financial services. Its India subsidiary will also launch those products here to help Indian citizens enhance their experience of accessing and managing their finances.

Last year, Revolut had managed to raise $500 million in funds at a valuation of about $5.5 billion. It is now looking at further funding with an aim to double this valuation.
Last month it had applied for US banking licence and is all set to roll out its services across the 50 states of the country.

Recently, the fintech startup from UK had made headlines when it allowed its 2,000 employees to work abroad for up to two months every year. Any of the employees desirous of working outside the country they are employed in, for whatever reason, will be allowed to do so for up to two months, every year.

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