Revolut CEO: IPO Potentially Delayed Until 2028, Actively Advancing US Banking License Application

Odaily News: Revolut CEO Nik Storonsky stated that the company's public listing is still at least two years away, potentially delayed until 2028 at the earliest, with no immediate IPO plans. He pointed out that Revolut is currently focusing on expanding in the US market, including applying for a banking license to gain access to the Federal Reserve's payment system and expand its lending and credit card business. Meanwhile, the company has already obtained a full banking license in the UK.

Prior to going public, Revolut will continue to provide liquidity for employees and early investors through regular secondary market financing. The company's latest valuation is approximately $75 billion, with 2025 revenue around $6 billion and net profit increasing 57% year-on-year to approximately $2.3 billion. Its user base has exceeded 68 million. (Crypto Briefing)