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.
Related Posts
“Southeast Asia’s Fintech Sector Sees Surge in Mobile Wallet Adoption”
In the past week, Southeast Asia has witnessed a significant increase in mobile wallet usage, with countries like Indonesia and…
The Impact of Artificial Intelligence on Banking in Bangladesh
Artificial intelligence (AI) is shaping the future of banking in Bangladesh by offering innovative solutions to age-old challenges. From fraud…
Bangladesh Government Implements Strong Measures to Enhance Internet Security and Combat Online Fraud
The Government of Bangladesh has taken significant steps to enhance internet security and combat online fraud as part of its…
Bengali 
English