Revolut Chief Says FinTech Could Go Public in NY and London
Revolut’s co-founder and CEO says the FinTech is considering a dual London and New York stock market listing. In an interview Thursday (Sept. 17) with French newspaper Les Echos, Nik Storonsky said the company wanted to list in the U.S. as the market there provides more liquidity and a bigger investment pool. “It’s a larger market. It includes institutional […] The post Revolut Chief Says FinTech…
Revolut's co-founder and CEO, Nik Storonsky, expressed in a recent interview with Les Echos that the FinTech firm is contemplating a simultaneous dual listing on the London Stock Exchange and the Nasdaq in the United States. Storonsky noted that the U.S. market offers greater liquidity and a larger pool of potential investors, including institutional investors, hedge funds, and individual investors.
He added that a London listing would elevate Revolut to one of the largest public companies in England, with a valuation exceeding that of major corporations like BP or Barclays. Storonsky's comment marks the first official confirmation of Revolut's intention to pursue a dual listing, previously rumored to be not happening before 2028.
Despite recent cyberattacks, Revolut continues to expand globally, obtaining banking licenses in Colombia, the UK, France, Australia, Lithuania, and Mexico, and receiving conditional approval for a U.S. national bank charter.
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