Revolut CEO confirms dual listing plans for Nasdaq and London

Revolut founder and CEO Nik Storonsky confirmed on Thursday that the fintech giant is planning a dual stock market listing on Nasdaq ↗ 2.90% and the London Stock Exchange, marking the first time the company has publicly acknowledged such plans. Storonsky made the disclosure in an interview with French newspaper Les Echos, while making clear that the U.S. market remains his priority.reuters+1

"We are currently planning a dual listing, on the London Stock Exchange and on Nasdaq," Storonsky told Les Echos, as reported by Reuters.democrata

US Market "Far Ahead"

Storonsky was blunt about his preference for the American market, citing its deeper pool of institutional investors and greater liquidity. "We have the choice between selling in a small market with few buyers, or in a gigantic market with a huge number of buyers who will compete fiercely for our shares. Therefore, yes, we prefer the United States," he said.cityam+1

The Revolut chief has previously been critical of London as a listing venue, pointing to the 0.5 percent stamp duty tax on share trades and what he has called "extreme bureaucracy" from UK regulators. Storonsky has said any potential listing would not take place before 2028.tradersunion+1

A Revolut spokesperson confirmed the plans to Europa Press but cautioned that Storonsky "presented it as an option that we are evaluating and that, of course, is subject to market conditions."democrata

A Boost for London — and a Test

A dual listing would nonetheless represent a win for the UK's capital markets, which have struggled to retain and attract major tech listings. Wise has said it plans to switch its primary listing to the U.S., and AstraZeneca ↗ 1.85% upgraded its American listing to match its FTSE 100 status last year.cityam

Revolut's valuation has climbed rapidly. A secondary share sale in July valued the company at roughly $115 billion, up from $75 billion previously. According to Revolut's latest annual report, the company recorded pre-tax profits of $2.3 billion and revenue of $6 billion in 2025, a 46 percent increase year over year.globalbankingandfinance+1

Regulatory Groundwork in Place

The company has laid regulatory groundwork on both sides of the Atlantic. Revolut secured a full UK banking licence in March 2026 after a four-year application process and has received conditional approval for a U.S. national bank charter. With more than 80 million customers across roughly 30 countries and $67.5 billion in deposits, the fintech expects to surpass 100 million users by mid-2027.globalbankingandfinance+1

Where Revolut ultimately lists will shape how investors value the company. A Nasdaq listing places it alongside U.S. fintech peers with heavy analyst coverage, while London could pull the stock toward a more traditional banking comparison set — a tension that could determine whether Revolut's valuation stretches toward the upper end of the range analysts have floated.finimize