Revolut has officially entered the Indian market, aiming to disrupt the high foreign exchange fees charged by local banks. Led by CEO Paroma Chatterjee, the company has secured significant investment and regulatory approvals to offer low-cost, tech-driven financial services. The fintech firm plans to enhance affordability and innovation in cross-border payments, targeting 20 million users by 2030 and $7 billion in annual transactions. Revolut's expansion into India builds on its successful operations in the UK and Europe, where it has become a leader in financial technology services.