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Revolut is expanding into India
source link: https://fintechranking.com/2021/04/22/revolut-is-expanding-into-india/
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Revolut is expanding into India
Revolut has tapped Paroma Chatterjee, a former executive for Indian start-ups Flipkart, Via.com and Lendingkart, to lead its operations in the country.
Revolut will invest about $25 million into the Indian market over the next five years and aims to launch its app there by 2022.
With a population of 1.3 billion people and growing acceptance of digital payments, India would be a huge market for Revolut.
Read more: CNBC
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