Observed Signal · Sep 18, 2026 · IPO · Source: Trending Topics (DACH/CEE Innovation & Tech) · Impact: 2/5 · Sentiment: Neutral
Financials Market: Revolut plans dual US and UK listing, targeting $200 billion valuation
Revolut, the London-based neobank, is considering a dual stock market listing in New York and London, with co-founder and CEO Nik Storonsky revealing the plans in an interview with Les Echos. The company is targeting a valuation of up to $200 billion for its IPO, expected no earlier than 2028. Storonsky expressed a preference for the US market due to its larger investor pool, but aims to maintain a presence in London. This move follows similar actions by Wise, which moved its primary listing to New York. Revolut was last valued at $75 billion in a funding round, so the target valuation would require nearly tripling its value. The company's US expansion, including conditional approval for a US banking license, is seen as a key factor for the IPO's success. Revolut plans to invest around €2.3 billion annually in growth through 2030.
Revolut is a fintech company, not directly in adtech/martech, but its IPO and dual listing could impact the broader tech investment landscape.
Key Takeaways & Evidence Grounding
- Revolut is considering a dual listing in New York and London, targeting a valuation of up to $200 billion.
- The IPO is expected no earlier than 2028, with CEO Nik Storonsky preferring the US market.
- Revolut was last valued at $75 billion in a funding round.
- Revolut received conditional approval for a US banking license from the Office of the Comptroller of the Currency.
- The company plans to invest approximately €2.3 billion per year in growth through 2030.
Connected Companies & Entities
2 Entities mappedWise
Cross-border payments and multi-currency account platform for consumers and businesses.
“Wise completed a dual listing on both exchanges earlier this year and moved its primary listing from London to New York....”
Revolut
App-first fintech platform for banking, payments, trading and business finance.
“Revolut is considering a dual stock market listing in London and New York....”
Ontology Mapping & Concepts
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