European fintech company Revolut plans to base nearly 40% of its global workforce in India by the end of 2026 as the company accelerates expansion of its India Global Capability Centre (GCC), highlighting the country’s growing importance in global fintech operations and technology development.
The company said it will add around 1,600 employees across its India operations through 2026, taking its total workforce in the country to approximately 5,500 by year-end. Revolut currently employs around 12,000 people globally.
The expansion follows the company’s 2025 commitment to invest £500 million over five years into its India business and GCC operations.
The new hiring will span product development, operational support, payment processing, fraud investigations, and financial services operations as Revolut deepens its India technology and operational capabilities.
The development reflects a broader shift among multinational financial technology firms that are increasingly positioning India as a strategic engineering, operations, and AI capability hub rather than limiting the country’s role to traditional back-office support functions.
India has rapidly emerged as one of the world’s largest GCC ecosystems, with global companies moving higher-value work including AI-led compliance, fraud analytics, cybersecurity operations, digital onboarding, and payments infrastructure into the country.
Jonathan Beaney, Head of Talent Acquisition at Revolut, described India as one of the company’s most important long-term talent markets.
“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.”
The company’s India operations are already deeply integrated into its global business infrastructure.
According to Paroma Chatterjee, nearly one-third of Revolut’s operational processes are currently managed from India, including transaction monitoring and AI-driven alert systems.
Chatterjee said technology capabilities developed within the India operations are increasingly being adopted across overseas markets.
“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.”
The comments underline how India is becoming increasingly central to the global operating strategies of fintech companies looking to scale digital operations, strengthen compliance infrastructure, and build AI-enabled financial services capabilities.
Industry analysts say India’s large engineering workforce, fintech ecosystem, operational scale, and growing AI expertise continue to attract multinational banks and fintech firms expanding global technology operations.
The GCC expansion remains separate from Revolut’s consumer-facing India business. The company has already received authorisation to issue prepaid payment instruments in India and plans to launch its product offering in the country next quarter.
Founded in 2015, Revolut has grown into one of Europe’s largest fintech firms and is currently valued at around $75 billion.
Revolut’s expansion adds to the growing wave of multinational financial institutions and technology firms scaling large GCC operations across India as the country strengthens its position as a global hub for fintech innovation, AI-led operations, and digital financial infrastructure.