Introduction
Although distinct from the above heritage brand, StoneX India (a global financial services firm) has become a key technology and innovation hub, reflecting the dynamic potential of India’s financial-technology landscape.
Transformative Growth Since 2019
- Launched with a small team of engineers working on payments, StoneX’s India operations have evolved dramatically by April 2025—moving from a WeWork setup to a sprawling purpose-built Bengaluru office for 830 employees. Today, it’s an innovation powerhouse supporting global growth .
Offices & Expansion in India
The company’s Indian workforce has grown over 550 strong, contributing meaningfully to its global team of more than 4,300 employeesur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laboryum
Officially opened major offices in Pune and Bengaluru, adding a combined 800-seat capacity as part of its strategic scaling in 2024 .
Why India? Talent & Innovation
StoneX’s leadership emphasizes India not as a cost center but as an innovation engine. With nearly 40% year-on-year headcount growth, India now hosts 40+ departments spanning tech, payments, compliance, operations, and more.
As Stuart Davison, COO, stated, “Technology is essential to win business,” elevating India’s GCC to a core strategic asset.
New Frontiers: Precious Metals & GIFT City
StoneX established operations in GIFT City, making it the first international trading and self-clearing member of the India International Bullion Exchange (IIBX), launching precious metal trading in June 2024 .
Looking Ahead
With its tech-first mindset, India-centric innovation, and new bullion trading ventures, StoneX is positioning itself to achieve exponential growth and set new industry standards.
