Revolut leans toward US listing for eventual IPO, CEO says
Revolut would prefer to list its shares in the United States if the digital bank decides to go public, according to its chief executive, who said the company leans toward a US primary listing. The comments, reported by Reuters, offer the clearest signal yet of where the British fintech group might look to raise capital from public market investors.
The London-based company has long been seen as a candidate for an eventual initial public offering, and its choice of venue has become a test of the UK's ability to keep fast-growing technology firms at home. A New York listing would mark a notable loss for London, which has watched several prominent companies opt for US exchanges in recent years.
British policymakers have tried to make the domestic market more attractive, easing some listing requirements and courting founders and investors. Even so, executives at several growth-stage firms have argued that US markets offer deeper pools of capital and higher valuations, particularly for technology and financial services businesses.
Revolut has not confirmed any timetable or valuation for a share sale, and no filing has been made. The CEO's remarks indicate a preference rather than a final decision, and plans could change depending on market conditions and the company's own priorities.
Source: Reuters
