Revolut CEO Storonsky says the company would favor a US primary listing if it goes public
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What happened
Revolut chief executive Nik Storonsky said on October 8, 2026 that the digital bank would favor a primary listing in the United States if it decides to pursue an initial public offering. He made the remarks in an interview with Bloomberg TV, which Bloomberg and Reuters both reported. He did not announce a decision to list, and no filing was reported.
Reuters said Storonsky also told Bloomberg TV that Revolut planned to roll out credit cards and loans in the US once it receives a full banking charter. Reuters said any eventual listing was still at least a year away and subject to market conditions. Storonsky had earlier spoken of a dual listing in both the UK and the US, so the October 8 remarks narrowed the stated preference to a US primary venue. None of the reports gave an IPO date, a valuation, a share price or an amount to be raised. The remarks were a stated preference by the chief executive rather than an announced plan, and the listing remains tied to market conditions and to Revolut's own decision on whether to go public.
Key points
- Storonsky told Bloomberg TV on October 8, 2026 that Revolut would favor a US primary listing if it goes public.12
- Revolut planned US credit cards and loans once it receives a full banking charter, Reuters reported.1
- Reuters said any listing was at least a year away and subject to market conditions.1
- No IPO date, valuation, share price or amount to be raised was given.12
Why it matters
A US primary listing is now the stated preference, after earlier talk of a UK and US dual listing. No date was given, and Reuters said a listing was still at least a year away.
Revolut remains private, and the remarks set no date, valuation or offering size, so they do not change how its shares are priced today.
The planned US credit cards and loans depend on a full banking charter, so the listing venue and the US business were presented alongside the same regulatory step.
In context
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Series C | Apr 26, 2018 | $1.7B | $250M | DST Global |
| Series D | Feb 24, 2020 | $5.5B | $500M | TCV |
| Series D extension | Jul 24, 2020 | $5.5B | $80M | Unknown |
| Series E | Jul 15, 2021 | $33B | $800M | SoftBank Vision Fund 2 and Tiger Global Management |
Updated
Fact-check
- Storonsky said on October 8, 2026, in a Bloomberg TV interview, that Revolut would favor a US primary listing if it goes public.Stated in the titles of [1] Reuters via US News ('Revolut Favors US Primary Listing for Potential IPO, CEO Says') and [2] Bloomberg, both dated October 8, 2026, and in the event's research data. Neither page could be opened at check (timeout and HTTP 403).Verified
- Revolut plans to roll out credit cards and loans in the US once it receives a full banking charter.Stated by [1] Reuters via US News per the writer's read and the event's research data; the page timed out at check and could not be re-read.Partly verified
- Any eventual listing is likely at least a year away and subject to market conditions.Stated by [1] Reuters via US News per the writer's read and the event's research data; the page timed out at check and could not be re-read.Partly verified
- Storonsky had previously described a dual listing in both the UK and the US.Stated by [2] Bloomberg per the writer's read and noted in the event's research data as an earlier dual-listing remark; Bloomberg returned HTTP 403 at check.Partly verified
Sources
- [1]Reuters via US News (opens in a new tab)Revolut Favors US Primary Listing for Potential IPO, CEO Says
- [2]Bloomberg (opens in a new tab)Revolut's Storonsky Says He's Coming for JPMorgan's US Crown
