Revolut plans dual listing in New York and London, Les Echos reports

• Revolut founder and CEO Nik Storonsky disclosed the dual listing plans in an interview with Les Echos newspaper
• The fintech company plans to list on both the New York and London stock exchanges simultaneously
• Revolut did not immediately respond to Reuters' request for comment to confirm the listing strategy

Revolut Plans Dual Listing in New York and London

Key Development:

Revolut CEO and founder Nik Storonsky confirmed the fintech company is planning a dual stock market listing in both New York and London, according to an interview with French newspaper Les Echos published Thursday, September 17.

Company Background:

Revolut is a major financial technology firm headquartered in Canary Wharf, London. The company has been a prominent player in the digital banking and fintech sector.

Listing Details:

• The dual listing strategy would see Revolut's shares trade on both the New York Stock Exchange and London Stock Exchange
• Specific timing and financial details of the potential IPO were not disclosed in the report
• Reuters was unable to independently verify the report, and Revolut did not immediately respond to requests for comment

Market Implications:

This move signals Revolut's ambition to access deep capital markets on both sides of the Atlantic. A dual listing would provide the company with:

• Broader investor base and potentially higher valuation
• Enhanced liquidity across major financial centers
• Greater visibility in both U.S. and European markets
• Strategic positioning as a global fintech leader

The planned dual listing reflects growing confidence in Revolut's business model and comes as fintech companies face increased scrutiny over valuations and profitability. The decision to list in both markets is notable given ongoing competition between London and New York for major tech IPOs, particularly following Brexit. This development will be closely watched by investors as an indicator of fintech sector health and cross-border listing trends.