UK's Revolut Announces Launch of India Payments Platform with…

Sarah J · 2025-11-05T11:34:28.000Z

London-based fintech giant Revolut has announced plans to launch its payment platform in India, marking its entry into one of the world’s largest and fastest-growing digital payments markets. The platform will integrate domestic payment rails through the Unified Payments Interface (UPI) and Visa's global payment network, initially serving 350,000 waitlisted users before broader rollout. Revolut India CEO Paroma Chatterjee highlighted the company’s commitment to empower Indian consumers with seamless domestic and cross-border payment experiences, featuring prepaid digital wallets, Visa-powered cards, and innovative security and budgeting tools. The company has invested over £40 million to localize its technology and comply with India's stringent data sovereignty regulations, making India a key pillar in Revolut’s global expansion strategy. With a target to onboard 20 million Indian customers by 2030, Revolut aims to capture a significant share of the country’s burgeoning digital finance ecosystem, driven by rising smartphone usage and consumer demand for integrated financial services.

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UK's Revolut Announces Launch of India Payments Platform with… | SEINET