Gate News message, April 21 — Revolut, the London-based digital bank, does not expect to pursue an initial public offering before 2028, chief executive Nik Storonsky said in an interview scheduled to air on Bloomberg TV on April 22.
Storonsky noted that a public listing could help build trust in the bank. Before any flotation, Revolut may conduct additional secondary share sales. In February, the company was considering another funding round in 2026, following a November secondary deal that valued Revolut at US$75 billion, up from US$45 billion a year earlier.
Revolut secured a UK banking license in March and has since applied for a US national bank charter. Storonsky said approval for the US license could take up to one year. The company previously abandoned plans to acquire an existing US bank and is instead pursuing a de novo charter—a new bank license created from scratch.
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