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British fintech firm Revolut prepares for 2025 India launch: Report

Revolut set up in India in 2021 but did not receive in-principle approval from the country's central bank to issue prepaid cards and wallets until earlier this year, the newspaper reported

September 17, 2024 / 15:39 IST
Paroma Chatterjee, chief executive officer of the Indian arm of the bank, said they are "very, very close, literally down to single-digit bugs in the system".

Britain's Revolut is preparing to launch its services in India next year, the Financial Times reported on September 17.

Revolut set up in India in 2021 but did not receive in-principle approval from the country's central bank to issue prepaid cards and wallets until earlier this year, the newspaper reported.

Paroma Chatterjee, chief executive officer of the Indian arm of the bank, said they are "very, very close, literally down to single-digit bugs in the system".

Reuters
first published: Sep 17, 2024 03:39 pm

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