Deals & IPOs

Revolut Wants a US Primary Listing for Its IPO, CEO Says

Revolut favors a US primary listing for a potential IPO, CEO Nik Storonsky said, tilting the fintech's likely float toward Wall Street over London.

By Grace Kim

2 min read

Updated

Revolut favors US primary listing for potential IPO, CEO says - StreetInsider
Revolut favors US primary listing for potential IPO, CEO says - StreetInsiderAI-generated

What's News

  • Revolut's CEO said the company favors a US primary listing for a potential IPO, per StreetInsider
  • No IPO date, valuation, or deal size has been disclosed
  • The preference points to Wall Street over Revolut's home market, London
  • CEO Nik Storonsky delivered the guidance; no filing or banker mandate has been confirmed

By Grace Kim

Revolut favors a primary listing in the United States for a potential IPO, the company's CEO said, according to StreetInsider. That single statement puts the fintech giant's weight behind Wall Street — and away from its home market in London — as it weighs going public.

CEO Nik Storonsky's preference for a US primary listing is the clearest signal yet of where Revolut wants to trade when it eventually lists. The company has not confirmed a date, a valuation target, or a filing timeline. But the CEO's stated preference matters: it's the person who would sign off on the listing decision.

Takeaway: The boss has named his preferred venue, and it isn't London.

What did the CEO actually say?

According to the report, Storonsky said Revolut favors a US primary listing for a potential IPO. The word "potential" is doing real work in that sentence — this is a stated preference, not a filing announcement, not a banker mandate, and not a confirmed float.

What we know from the source, in plain terms:

  • Revolut's CEO said the company favors the US for a primary listing
  • Any IPO remains potential rather than scheduled
  • No listing date, venue paperwork, or deal size was disclosed

That's the whole confirmed picture. Anything more specific — a valuation, a ticker, an exchange — would be invention, and we won't do that.

Takeaway: A preference stated by the CEO, nothing filed, nothing scheduled.

Why does a US tilt matter for Revolut?

When a company of Revolut's scale says it prefers New York, the market listens. US exchanges have pulled at some of Europe's most valuable private companies in recent years, and fintech is a sector where American liquidity and analyst coverage run deepest. A primary US listing would mean Revolut's main listing — not a secondary one — sits on a US exchange.

For London, losing Revolut's primary listing would sting. The company is one of Britain's best-known financial-technology names, and UK policymakers have spent years trying to keep homegrown champions listing at home. Storonsky's comment, as reported by StreetInsider, suggests that pitch hasn't landed here.

Takeaway: If the preference holds, one of Europe's flagship fintechs would anchor its float in New York, not London.

What happens next?

Watch for the concrete steps that turn a preference into a deal: a reported banker selection, confidential filing paperwork, or a stated target window. None of those existed at the time of the report. Until one appears, Storonsky's stated US preference is the firmest public guidance the market has on where Revolut would list — and it points west across the Atlantic.

Source: GN: Startup IPO

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Grace Kim

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Market editor covering people, launches and day-to-day practice in entrepreneurship, startups and venture funding at Business Bearings.

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