British fintech startup Revolut has officially announced its plans to enter the Indian market by 2025, aiming to make digital finance more accessible in the country. Recently, Revolut received approval from the Reserve Bank of India to issue prepaid cards and provide digital wallet services. The company’s goal is to establish a robust presence in Asia, given the rising demand for digital financial solutions in India. Revolut’s entry into India is expected to increase competition in the fintech sector and potentially offer more accessible financial solutions for the unbanked population.
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