Revolut Delays IPO to 2028, Focuses on Expansion and Secondary Sales
Revolut has delayed its initial public offering (IPO) until at least 2028, according to CEO Nik Storonsky, citing the importance of public trust for a bank. The company plans to conduct secondary share sales to provide liquidity and maintain its private status longer. Revolut is also expanding into the U.S. market by seeking a bank license.
Topics: Bank Licensing Expansion IPO Regulatory Approval Secondary Share Transactions