Revolut to Expand India Workforce to 40% of Global Headcount by 2026

Revolut is set to significantly expand its presence in India, with plans to base nearly 40% of its global workforce in the country by the end of 2026. The move highlights India’s growing importance as a strategic hub for global capability centres (GCCs).

The company plans to add around 1,600 roles over the next two years, taking its India headcount to approximately 5,500 employees out of a global workforce of about 12,000. These roles are expected to span product development, customer support, and key financial operations such as payments processing and fraud detection.

This expansion builds on a £500 million investment commitment announced in 2025 to strengthen its India operations over a five-year period. It also reflects a broader trend among multinational companies increasingly relying on India-based centres for high-value functions, including technology development, financial operations, and research, rather than limiting them to back-office roles.

India already plays a critical operational role for the company, managing a substantial share of its global processes. This includes advanced capabilities such as transaction monitoring and AI-driven alert systems. Locally developed innovations, including video-based KYC solutions, are also being deployed across international markets.

The expansion of the capability centre is separate from the company’s planned consumer launch in India. Revolut has received approval to issue prepaid payment instruments, marking a key step toward entering the country’s rapidly growing digital payments market.

Globally, the hiring push is part of a broader recruitment strategy that includes over 1,000 new roles in the United Kingdom. The development follows the company securing a banking licence from the Prudential Regulation Authority, supporting its ambition to build a full-scale global banking business.