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Revolut Plans Dual Listing in New York and London

Financial Times Companies •
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Revolut founder Nik Storonsky has confirmed the fintech is exploring a dual stock market listing on the Nasdaq and the London Stock Exchange. In an interview with Les Echos, Storonsky said the U.S. market offers greater liquidity and a larger pool of institutional investors, hedge funds, and individual shareholders, making it the preferred venue. However, the UK‑headquartered bank also intends to list in London, which would place Revolut among Britain’s biggest public companies.

A recent private secondary share sale valued Revolut at $115bn, surpassing FTSE stalwarts such as Barclays, BP and GSK. Storonsky previously dismissed a London‑only listing, citing stamp duty and regulatory hurdles, and said any IPO would not occur before 2028. Since launching in 2015, Revolut has grown to 80 million customers across about 30 countries, becoming Europe’s largest fintech.

British ministers have been lobbying the firm to list in London as the UK struggles to attract new listings.