The Ledger, every show

“So a lot of global fintechs have tried over the last 25 years to dabble their feet in, but for whatever reason a lot of them have not necessarily survived in a meaningful way over time”

“We're valued at seventy two billion dollars, the second highest valued fintech, higher valued than a lot of banks, UK based banks, like your Barclays, NatWest, et cetera, where Revolut is today valued higher than that, the second highest valued fintech globall…”

“If you think about it, there is nobody else who has thought of it completely tech or digital first, has taken their own licenses and then interpreted the license in their own way.”

“So I think if you ask me, top three will be those hyper personalization, completely embedded Everyday finance and tokenization leading to fractional ownerships of assets, I think would be the three most defining changes that we'll witness in the next four, fiv…”

“Indians, I think Indians will go for digital banks as opposed to traditional banks.”

“And when you can industrialize that at scale over seventy million customers across 40 countries is when you get the confidence that yes, this company can do it.”

“Today in India, we have 85% of consumers already on some digital financial app or the other.”

“They seem to be more conscious about climate and sustainability and nano local entrepreneurs. And there's a trend of being okay with paying a premium if a product is sustainable versus a product that is detrimental to the earth.”

“Historically across the world, across industries, as a matter of fact, it first moved from a manufacturer-driven approach, one product, to you consumer, take it or leave it, to mass customization, which is basically identifying different segments and trying to…”

“So I actually think finance is going to become even more embedded and behind the scenes in the next four or five years.”

“But with tokenization, fractional ownership becomes really real. That same property, which is let's say worth two crores, today you can't think of taking it. But if it is broken down among 10 people who can have fractional ownership, everybody has 20 lakhs wor…”

“And we have three, four more countries where we've secured the licenses, where the product build is underway, which should get launched over the next year.”

“More than five hundred million customers at last.”

“We already have more than four and a half lakh people on the waitlist.”

“Out of the 40 countries that we're present, in 30 of them we're a bank.”

“One, the fact that UPI is the first local rail that we integrated into our product, which gave us the confidence that we can actually integrate Revolut into local payment rails in various countries, right?”

“Now the nature of consumption is actually moving more towards luxury aspirations. In keeping with the aspirations of a growing country. Consumers are spending on affordable luxury, whether it is in terms of the accessories, electronics, gadgets, wearables cosm…”

“The second pattern of spending that we're observing is a lot of spending on travel and international travel in particular, which is supported by other phenomena, like a lot of countries becoming visa free or visa accessible or electronic e-visas would just tak…”

“A hundred percent. I think overall, the fact that the government has taken cognizance of this phenomenon of international travel going up, which is supported by education and healthcare primarily, as well as business related travel overseas and trying to make …”

“There was no such thing as mobile payments. It didn't even exist except in M-Pesa in far off Kenya.”

“3600. I think as per January salary is paid.”

“Yeah, we're adding about 400 to 500 a day to that as well”