British fintech Revolut to invest $670 million in India over five years, expand local operations

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Fintech giant Revolut plans to invest over Rs 5,900 crore in India for the next five years to fuel new payment and forex products. Revolut aims to onboard 20 million customers by 2030. The company is building its own licensed financial instruments, differentiating itself in the Indian market. Future plans include credit and investment services.