Revolut’s India plan starts with a $25 million investment
The $5.5 billion fintech company Revolut, which is also one of Europe’s largest startups, is eyeing the India market now. Revolut offers everything from money transfer and exchange, to stock trading, wealth management, loans, peer-to-peer payments and even cryptocurrency trading, which will not be offered in India.
The digital banking and financial services startup is looking to enter India with an initial investment of $20-25 million, according to its co-founder Nikolay Storonsky who spoke to Business Insider in an exclusive interview.