Revolut Says IPO Is at Least Two Years Away as It Focuses on U.S. Expansion

According to the Financial Times, Revolut is discussing a potential $150 billion to $200 billion IPO valuation, but the fintech states it will not seek a public listing before 2028 after receiving a UK banking license.

Summary

According to the Financial Times, Revolut is discussing a potential IPO valuation of $150 billion to $200 billion, while saying it does not plan to seek a listing before 2028. The London-based fintech received a UK banking license last month, was last valued at $75 billion in November, and plans a secondary share sale later this year.

Terms & Concepts
  • IPO: Initial public offering, when a private company lists its shares on a public stock exchange for investors to buy.