[Revolut Plans to Relocate 40% of Employees to India by Year-End, Launch Payment Products in India Next Quarter] Foresight News reports, according to Reuters, European fintech company Revolut plans to relocate approximately 40% of its global workforce to India by the end of 2026. The company has committed to investing £500 million ($669.8 million) in its Indian operations and Gulf Cooperation Council (GCC) region over five years starting in 2025. Revolut stated that by 2026, it will fill 1,600 job vacancies at its Indian hub, bringing its total workforce in India to 5,500 by year-end. The new positions will cover product development, support functions, and financial services roles such as payment processing and fraud investigation. Revolut currently employs 12,000 people globally. Revolut India CEO Paroma Chatterjee stated that approximately one-third of Revolut's processes are currently operated in India, including daily transaction monitoring and AI-based alert tasks. The company announced in a statement that it has obtained authorization to issue prepaid payment instruments in India and plans to launch its products next quarter.