Revolut Explores Dual Stock Market Listing in London and New York
Revolut's CEO, Nik Storonsky, suggests a US listing could attract a wider investor base.
What happened
Revolut's cofounder and chief executive, Nik Storonsky, has indicated that the company is considering a dual stock market listing, with potential placements in both London and New York. This announcement follows earlier discussions regarding the company's plans to go public.
Who's behind it
Nik Storonsky, who co-founded Revolut and currently serves as its CEO, is the figure behind the company's strategic evaluation of a dual listing. He has been vocal about the company's market intentions.
Why it matters
Storonsky highlighted that the United States market offers a more extensive range of investors, which could be beneficial for the company. Despite this, he reaffirmed London's significance as Revolut's home market. A dual listing could broaden Revolut's access to capital and diversify its investor base.
What to watch
Revolut has previously stated its intention to list in the UK before pursuing a US listing. The company was valued at $33 billion in 2021. Any listing in London would require navigating regulatory approvals from bodies such as the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), which could influence the London-domiciled company's timeline and strategy.
AI-assisted reporting. This story was drafted with AI assistance from the sources listed above and reviewed against our editorial rules before publication. Facts carry source provenance. Figures, investors, founders and quotations are never generated — if a detail is not in a source, it is not published.
Keep reading
Related coverage
London AI Lab Inherent Secures $50m Backing from Index and Radical
Inherent, established by former DeepMind personnel, has received $50 million in investment from Index and Radical to advance its AI research.
The latest iPhone, Apple Watch, and AirPods lineups arrive in stores worldwide
Apple has launched its newest iPhone 18 Pro, Apple Watch Series 12, Apple Watch Ultra 4, and AirPods 5, making them available globally.
Mazama Energy Secures $135 Million Series B for Super-Hot-Rock Geothermal Development
The geothermal startup plans to utilise the fresh capital to advance horizontal well technology, aiming for significant electricity generation from its Oregon site.