Revolut India CEO tells us how she is transforming financial inclusion in India

01/10/2023


Founded in 2015, digital-only FinTech bank, Revolut emerged as a leader in the digital revolution in banking. Having adopted an agile, adaptive, and data-driven model, focused on providing an exceptional user experience, they recently diversified into stock trading, crypto investments, travel bookings and ecommerce in their mission to become a financial super-app.

Leading their expansion into India - Paroma Chatterjee, a former executive for Indian start-ups Flipkart, Via.com and Lendingkart has taken the position of Chief Executive Officer for Revolut India. Paroma and her team are “transforming the way people in India access and manage their money”.

In this interview, we spoke to Paroma about the $45 million investment into the Indian market made by Revolut and how this market differs to other Asian countries. We discuss the biggest hurdles they’ve overcome thus far, regulatory challenges, the ‘hot’ FinTech adoption in APAC and how innovation is thriving in India.

Highlights include:

  • Cross-border digital currencies and crypto adoption
  • The booming innovation hotbed - India
  • Creating jobs, localising their data stack and the complexity, scale and size of India
  • The uniqueness of India’s regulatory ecosystem
  • Financial inclusion for the unbanked
Return to Blog