Global fintech firm Revolut is significantly expanding its India presence, with plans to house nearly 40 per cent of its global workforce in the country by the end of 2026. The move underscores India’s growing role as a strategic hub for global capability centres (GCC)
The company is set to add around 1,600 roles over the next two years, increasing its India headcount to approximately 5,500 employees out of a global workforce of 12,000. These roles will span product development, customer support, and core financial services operations such as payments processing and fraud detection.
This expansion builds on a £500 million investment commitment announced in 2025 to strengthen its India operations over a five-year period. The hiring push reflects a broader shift in how multinational companies are leveraging India-based hubs. These centres are increasingly handling critical functions, including research, financial operations, and technology development, rather than being limited to back-office support.
India already plays a key operational role for the company, with a significant share of global processes managed from the country. This includes advanced functions such as transaction monitoring and AI-led alert systems. Innovations developed locally, including video-based KYC solutions, are also being deployed across international markets.
The expansion of the capability centre is separate from the company’s upcoming consumer launch in India. The firm has secured approval to issue prepaid payment instruments, paving the way for its entry into the country’s fast-growing digital-payments space.
Globally, the hiring drive is part of a broader recruitment plan that includes over 1,000 new roles in the UK. The development also follows the company securing a banking licence from the Prudential Regulation Authority, marking a key milestone in its ambition to build a full-scale global banking business.
