Revolut chief Nik Storonsky has indicated that the digital bank intends to secure its principal stock listing in the US should it proceed with a public share sale.
Speaking during a broadcast with Bloomberg TV, Storonsky commented: “That was always the target, given the deep liquidity of the US market.”
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The executive previously noted that any initial public offering (IPO) would not take place prior to 2028, with dual-track listings across both British and American bourses under consideration.
In an interview with French publication Les Echos last month, Storonsky confirmed that the business was evaluating concurrent admissions on Nasdaq and the London Stock Exchange.
While a twin-listing structure remains an option, he stated that the US is the preferred destination because of the scale of its investor capital.
Alongside its flotation strategy, Revolut is preparing to expand its commercial footprint across the American banking sector.
Storonsky stated that the business aims to “dominate” the US market, with intentions to introduce personal loans and credit cards once a full banking licence is secured.
The fintech obtained preliminary regulatory clearance in September to operate as a nationally chartered bank in the US.
Upon complete authorisation, the status will grant Revolut direct connectivity to Federal Reserve settlement networks, permit the acceptance of deposits backed by federal insurance up to $250,000 per account, and authorise the underwriting of consumer loans and cards.
Addressing competition with established institutions, including American Express Co, Storonsky stated: “Our offering will be at par with Amex or JPMorgan Chase.”
He added that the group also plans to supply financial products currently unavailable through those major card providers.
