REVOLUT CEO PUSHES IPO TARGET TO 2028

INDUSTRY DESK■ 1 MIN READ

MON, APR 20, 2026

■ AI-SUMMARIZED FROM 1 SOURCE BELOW

Revolut's Nik Storonsky said the London-based digital bank won't go public until at least 2028, delaying one of Europe's most anticipated initial public offerings by roughly two years.

In an interview with David Rubenstein for his upcoming show "The David Rubenstein Show: Peer to Peer Conversations," Storonsky cited a two-year timeline for the potential IPO. The extended timeline suggests Revolut aims to achieve greater financial stability and regulatory compliance before entering public markets. The fintech startup has faced scrutiny from financial authorities over anti-money laundering controls. Revolut has scaled rapidly since its 2015 launch, accumulating over 45 million users across its platform. The company reached a $45 billion valuation in 2023, making it Europe's most valuable startup. The 2028 target reflects broader challenges facing European fintech firms seeking public listings. Heightened regulatory requirements and macroeconomic uncertainty have extended timelines for multiple IPO candidates in the sector.

■ SOURCES

► Bloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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REVOLUT CEO PUSHES IPO TARGET TO 2028

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