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

• Revolut founder and CEO Nik Storonsky disclosed the dual listing plans in an interview with Les Echos
• The company plans to list on both the New York and London stock exchanges simultaneously
• Reuters could not independently verify the report, and Revolut did not immediately respond to requests for comment

Summary: 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 published Thursday in French newspaper Les Echos.

Company Background:

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

Verification Status:

Reuters was unable to independently verify the report, and Revolut did not immediately respond to requests for comment on the listing plans.

Market Implications:

A dual listing would represent a significant milestone for Revolut and the broader fintech sector. The decision to list in both financial capitals suggests the company aims to:

• Access deeper liquidity pools across both major markets
• Maintain strong ties to its UK home base while tapping into US investor appetite
• Position itself as a truly international fintech player

The dual-listing approach has become increasingly popular among major companies seeking to maximize their investor base and trading volumes. For London, securing Revolut's listing would be a boost to the UK capital markets, which have faced competition from New York and other exchanges in recent years.

Timeline:

No specific dates for the proposed listings were mentioned in the report. Further details regarding valuation, share structure, or timing remain undisclosed pending official confirmation from the company.

This development comes as fintech valuations and public market activity continue to evolve in the post-pandemic investment environment.