A well-known and renowned fintech firm Revolut which is regarded as one of Europe’s largest startups that has appointed Paroma Chatterjee as the Chief executive officer of India’s office. She was the former chief business officer at Lendingkart and played top roles at both Flipkart and Airtel Money before.
Well, she completed her graduation from the Indian Institute of Management-Lucknow. In The Financial Technology Report last year, she was recognized as the top 25 women leader in financial technology.
Basically, Revolut deals with the transfer of money and exchange, stock buildings, wealth management, loan, peer-to-peer payments, and also cryptocurrency trading that will not be offered in India.
In 2015, it was founded and headquartered in London. The start has created a strong impact on several countries and soon looking out for the banking license in the US. This startup claimed almost 5 million consumers globally and mentioned that it processes almost 100million transactions within a month.
Soon this digital banking and financial service startup is looking forward to entering India with an initial investment of almost $20-25, as per Nikolay Storonsky, the co-founder of the company.
Storonsky mentioned, “We’re looking forward to transforming the way people in India access and manage their money as we bring our products and services to more people around the world.”
The company believes that Chatterjee ‘will build and lead Revolut’s subsidiary in India, define and implement the business strategy, hire the team and manage license applications and any potential acquisitions in the market.’
On the other hand, Chatterjee mentioned, “I couldn’t be more excited to join Revolut and become a part of this phenomenal growth journey. It is an honor and a privilege to be asked to lead the business for such a world-class company, in a country that presents one of the largest opportunities globally for Revolut. I look forward to building an exceptionally talented team and working with them, as we continue to develop superlative financial solutions for millions of consumers in India.”