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Fintech migration to India: From cost-cutting to business expansion

A view of Mumbai sky scrappers.
Many global leaders in fintech have launched operations in India in recent years. Photo: Frédéric Soltan/Corbis via Getty Images

Hameed Shuja

3 min read
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For global fintech brands, having a base in India is no longer just a matter of cutting costs. Firms are attracted to the country for business growth too. We examine the trend.

London-based fintech firm Revolut has announced it will officially launch its services in India next year. The announcement comes a month after a shares sale process valued the firm at $45 billion.

As one of Europe’s top fintech firms, Revolut provides a number of services, such as allowing customers to “hold

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