Revolut favors US primary listing for potential IPO, CEO says
- On Thursday, Revolut CEO Nik Storonsky said he would favor a primary listing in the United States if the digital bank pursues an initial public offering in the future.
- Aiming to "dominate" the United States market, the firm plans to roll out credit cards and loans once it receives a full banking charter, Storonsky told Bloomberg TV.
- Valued at $115 billion privately, the startup is now worth more than Britain's Barclays and France's Societe Generale, reflecting rapid growth over the past decade.
- Revolut received preliminary approval for a national banking license in the United States in September, following earlier license acquisitions in Britain and France this year.
- Any eventual listing remains at least a year away, subject to market conditions, despite previous reports suggesting 2028; the company had also explored a dual listing in New York and London.
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Watch Revolut CEO Aims To Rival JPMorgan, American Express
Revolut CEO Nik Storonsky says he wants his fast-growing fintech to 'dominate' the US market and take on established players. He speaks to Tom Mackenzie at the Wave by Vento tech conference in Turin for the latest episode of Bloomberg Tech: Europe
Revolut boss says US primary listing was ‘always the target’
The boss of Revolut has said a primary listing in New York was “always” the company’s top goal, in a snub to the London Stock Exchange after a years-long charm offensive. Nik Storonsky, the founder and chief executive of Revolut, said a primary listing in the US was “always the target, given the deep liquidity [...]
Revolut CEO wants US primary listing if it goes public, Bloomberg News reports - Regional Media News
Oct 8 (Reuters) - Revolut CEO Nik Storonsky wants the digital bank to hold a primary listing in the US, if it pursues a public offering in the future, the executive told Bloomberg TV in an interview on Thursday. Reuters could not immediately verify the [...]
Revolut would go public in the United States if the European neobank decides to go public, the company's CEO, Nik Storonsky, said in an interview with Bloomberg TV.
Channel News Asia
Revolut favors US primary listing for potential IPO, CEO says
Oct 8 : Revolut would favor a primary listing in the United States if the digital bank decides to pursue an initial pubic offering in the future, CEO Nik Storonsky told Bloomberg TV on Thursday.Storonsky, who founded Revolut, told Bloomberg TV that the firm wants to "dominate" the US market and plans to roll
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