Revolut considers dual listing in New York and London ahead of its IPO
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Based on facts observed and directly verified by our journalists or by informed sources. Choose us as your preferred source on Google. Share The neobank's CEO admits that his priority is to be present on Wall Street, the world's largest market. Revolut is heading towards its potential IPO. Revolut's CEO, Nik Storonsky, has admitted that he is considering a jump to the New York and London stock markets with the idea of listing simultaneously on both markets, although he has made it clear that his favorite option is Wall Street. "We are planning a dual listing, on the London Stock Exchange and Nasdaq," Storonsky explained in an interview with the French newspaper Les Échos. The British-born neobank is advancing part of its roadmap for its entry into the stock market after a year conditioned by international expansion. Recent months have been marked by the approval of banking licenses in countries such as the United Kingdom, Mexico, Australia, Lithuania, France, and Colombia. It has also received conditional approval for its bank charter in the United States, a payment license in the United Arab Emirates, and an operations license in Peru. The latest market to join the list has been Switzerland, where it plans to invest more than 150 million Swiss francs (about 159 million euros) over the next five years. Despite its dual listing plans, Storonsky has confirmed that its main...
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