Revolut plans to take its India workforce to 5,500 by the end of 2026 under a five-year £500 million investment plan, Reuters reported.

The expansion will add 1,600 roles across product development, support and financial services functions such as payment processing and fraud investigations.

The move will deepen Revolut’s global capability centre in India, which is separate from its local consumer business.

India already handles about a third of Revolut’s processes, including transaction monitoring and AI-led alert systems.

The company has also used tools developed there, such as video KYC capabilities, to improve onboarding in other markets.

Revolut currently employs about 12,000 people worldwide, meaning India is set to make up a much larger share of its global workforce by the end of next year.

The company said group revenue rose 46% to US$6.0 billion in 2025 from US$4.0 billion a year earlier, while its Singapore operation remained net profitable for a second straight year in 2025.

Revolut’s local unit holds a Reserve Bank of India licence to issue prepaid payment instruments and already has permissions to offer certain foreign exchange services.

The company is targeting a product launch next quarter and has said it aims to reach 20 million customers in India by 2030.

Founded in 2015, Revolut was valued at US$75 billion. The £500 million India commitment also sits within a wider US$13 billion, five-year global investment plan announced by the company last year.

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