Revolut Enters India in 2025 as part of its big global expansion plan. The British fintech giant wants to serve India’s top-tier consumers with premium financial products.
Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut is one of Europe’s highest-valued neobanks. It is a digital-only bank offering easy banking services for both people and businesses.
Approval from RBI
Revolut enters India and began its India journey in 2021 by setting up local operations. In early 2025, it got the Reserve Bank of India’s in-principle nod to issue prepaid cards and digital wallets. Paroma Chatterjee, CEO of Revolut India, told the Financial Times that the team has been testing these products and is almost ready to launch them for the public.
Focus on Premium Users
India is a very important market for Revolut. The company plans to target the top 10-15% of Indian consumers. This group, often called the “Global India,” includes people who travel abroad, shop on international platforms like Amazon and Netflix, use Apple products, and prefer high-quality financial services.
Revolut believes this market has huge potential. By offering premium banking tools, the fintech wants to help India’s well-travelled, globally connected customers manage their money easily and safely.
Going Beyond Europe
Right now, over 90% of Revolut’s income comes from Europe. To grow, the company is expanding to India and West Asia. It has already applied for e-money and remittance licenses in the United Arab Emirates.
Revolut also holds an EU banking license from Lithuania and recently got a UK banking license, which strengthens its trust with customers.
Future Plans
Once launched in India, Revolut will offer prepaid cards, wallets, and other smart banking tools. It aims to stand out with its secure app, easy-to-use interface, and attractive benefits for premium users.
Paroma Chatterjee says India will play a big role in Revolut’s global growth plan. The goal is to help India’s top spenders enjoy smooth banking, smart spending, and better international transactions.
What Makes Revolut Special
✅ Digital-only bank — no branch visits needed
✅ Prepaid cards and wallets for easy spending
✅ Focus on secure, smart money management
✅ Premium experience for global Indians
✅ Expansion in India, West Asia, and beyond
As the Indian fintech space grows, big players like Revolut are ready to bring new ideas and services. This move could shake up how premium consumers in India manage their money.