Revolut CEO pushes IPO timeline to 2028 as firm pursues US charter

Revolut CEO Nik Storonsky has confirmed that the fintech firm will delay its initial public offering until at least 2028. The company is currently focused on securing a banking license in the United States, which would enable it to provide direct Federal Reserve access and expanded credit services. This strategic move follows the firm's recent success in obtaining a full UK banking license after a five-year regulatory process. While postponing the IPO, Revolut continues to utilize secondary share sales to provide liquidity for employees and investors, recently achieving a valuation of $75 billion. The company maintains strong financial growth, reporting $6 billion in revenue and $2.3 billion in profits for 2025, supported by a massive global customer base of over 68 million.

(Source：Crypto Briefing)