Revolut is reportedly considering a dual listing in London and New York that could value the company at around $75 billion. If completed, the fintech firm would become the first to enter the FTSE 100 while simultaneously listing on a U.S. exchange.
According to The Sunday Times, the dual listing is now “widely discussed” within financial circles. A listing of this scale would position Revolut among the top 15 companies on the London Stock Exchange , with a market capitalization equivalent to £55 billion.
Storonsky Signals Openness to London IPO
Founded by Nik Storonsky, Revolut started as a travel-focused prepaid card and has grown into Europe’s most valuable private fintech . Its services now include crypto trading, hotel bookings, and business accounts. The company serves 65 million users globally, with 12 million based in the UK.
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Storonsky has previously criticized London’s listing environment, citing the 0.5% stamp duty on share trades. However, he has signaled openness to a UK listing if conditions improve. Recent regulatory changes allow companies of Revolut’s size to be fast-tracked into the FTSE 100 within five days, making index-tracking fund participation easier.
UK Reforms May Influence Revolut Listing
During the launch of Revolut’s Canary Wharf headquarters, Storonsky referred to the UK as “our home country.” UK Chancellor Rachel Reeves said Britain remains “the best place to do business.”
You may find it interesting at FinanceMagnates.com: Revolut Reports 46% Revenue Surge as It Seeks $75 Billion Valuation.
Revolut chairman Martin Gilbert attended a meeting during President Trump’s state visit, where Reeves and U.S. Treasury Secretary Scott Bessent announced a transatlantic taskforce to encourage dual listings. Nvidia CEO Jensen Huang also pledged investment in Revolut during the trip.
Analysts suggest that recent UK regulatory reforms and political support may be influencing Revolut’s reconsideration of a London listing.
