Revolut Delays IPO to 2028 as US Charter Effort Continues
TLDR Revolut CEO Nik Storonsky said the company will not pursue an IPO before 2028. He confirmed that the public listing remains at least two years away. Revolut recently secured its full UK banking license after a five-year regulatory process. The company has applied again for a US bank charter to access Federal Reserve payments. The US license would allow Revolut to offer loans and credit cards directly to customers. Revolut will not pursue a public listing before 2028, according to Chief Executive Nik Storonsky . He confirmed that the company plans to stay private for at least two more years. Meanwhile, Revolut continues to expand its banking footprint in the United States and the United Kingdom. Revolut Delays IPO While Strengthening Banking Credentials Nik Storonsky addressed the company’s listing plans during an interview with David Rubenstein. He said an initial public offering remains “at least two years away,” and he confirmed that the timeline has not changed. Ther...