Revolut States 2028 IPO Is the Earliest Route to Public Listing

(AsiaGameHub) –   An initial public offering for Revolut is not imminent. According to CEO Nik Storonsky, a stock market listing remains approximately two years off, setting the earliest possible date for an IPO at 2028 while the firm continues to pursue expansion in India, the United States, and Latin America.

Good to Know

• Storonsky indicated an IPO is roughly two years away, suggesting 2028 as the most probable earliest date.
• Revolut achieved a $75bn valuation in its most recent secondary share sale, and reports indicate a new sale could aim for approximately $100bn.
• The company continues to drive international expansion, including a bid for a U.S. banking license and a broader launch in India.

Revolut Pushes IPO Further Out While Expansion Stays Front And Center

Currently, Revolut appears more focused on growth than on a stock exchange debut. Storonsky acknowledged that becoming a public company remains important as listed banks often garner greater trust, but he also confirmed the company is prepared to delay. This ends speculation about an imminent filing and ensures Revolut stays private for a minimum of two more years.

In the interim, the company is still leveraging private share sales to enhance liquidity and gauge investor interest. A secondary transaction finalized in late 2025 placed Revolut’s value at $75bn, and recent reports from February suggested a further sale in late 2026 might increase that valuation to around $100bn.

Geographic expansion is the more immediate priority. Revolut has been extending its reach outside Europe, which includes seeking a U.S. banking license, establishing full banking services in Mexico, and a broader rollout across Latin America. India represents another key focus, with local launch efforts underscoring Revolut’s desire for greater scale prior to any public listing.

This approach aligns with recent financial results. Reuters reported in March that Revolut recorded a £1.7bn pretax profit for 2025 on revenues of £4.5bn, with 68.3 million customers, providing the firm a more robust foundation as it aims to resemble a global bank rather than just a rapidly expanding fintech application.