Revolut, the UK-based fintech company, has initiated its expansion into India by onboarding select users from a waitlist of approximately 450,000 individuals. The beta rollout, which began in mid-May 2026, precedes a broader launch planned for later this year. Revolut's initial offerings in India focus on domestic and international payments, leveraging its integration with India's Unified Payments Interface and Visa for card transactions. The company has secured a prepaid payment instruments license from the Reserve Bank of India, enabling it to offer prepaid wallets, cards, and UPI integration. Revolut aims to reach 20 million users in India by 2030 and process over $7 billion in transactions. The fintech giant has committed £500 million to its Indian operations over five years, planning to employ 5,500 people in the country by the end of 2026. While Revolut supports trading for over 300 cryptocurrencies globally, it has not announced any specific crypto features for India, where regulatory conditions remain uncertain. The company is focusing on payments and banking services, with crypto offerings potentially dependent on future regulatory developments.