Revolut plans to base around 40% of its global workforce in India by the end of 2026, as the UK digital bank expands its global capability center (GCC) in the country, Reuters reported.
The company said it will add 1,600 positions in India through 2026, bringing its workforce there to 5,500 by the end of that year.
The UK-founded digital banking platform has around 12,000 employees worldwide.
Revolut had previously committed £500 million ($669.8 million) over five years to its India and GCC business, with the investment announced in 2025.
The new hires are expected to cover product development, support activities and financial services work, including payment processing and fraud investigations.
India’s CCGs, once largely associated with cost-based outsourcing, are increasingly taking on broader responsibilities such as operations, finance and research and development for multinational groups.
Jonathan Beaney, head of talent acquisition at Revolut, described India as one of the “deepest and most dynamic talent pools in the world”.
“Our technology center in India is critical to our global scale… the technical caliber, ambition and excellence we see here make India a natural long-term home for Revolut,” Beaney said.
Revolut said the GCC expansion is separate from its India business.
India CEO Paroma Chatterjee told Reuters that about a third of the company’s processes are now handled from India, including routine transaction monitoring and alerts powered by artificial intelligence.
“Things became visible using India’s technology stack like video KYC – more intelligence came from India’s GCC to share that knowledge abroad and try to implement it in other markets to have tighter onboarding,” Chatterjee said.
Founded in 2015, Revolut is valued at $75 billion. In India, it is authorized to issue prepaid payment instruments and said it plans to launch its product in the next quarter, according to a company statement.
“Revolut to set 40% of global workforce in India by end 2026” was originally created and published by Retail Banker International, a brand owned by GlobalData.
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