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Revolut mulls dual London and New York listing but boss warns UK is a 'small market with few buyers'

From the Newshound archive · first published 19 September 2026.

Nik Storonsky, whose fintech company Revolut secured a UK banking licence in March after a four-year regulatory battle, has confirmed plans for a dual listing on both the London Stock Exchange and New York's Nasdaq.
Nik Storonsky, whose fintech company Revolut secured a UK banking licence in March after a four-year regulatory battle, has confirmed plans for a dual listing on both the London Stock Exchange and New York's Nasdaq.

Revolut founder and chief executive Nik Storonsky has said the $115 billion digital bank is considering a dual listing on the London Stock Exchange and New York's Nasdaq, marking the first time he has pointed to London as a viable venue. A London float would make Revolut one of the UK's largest public companies, potentially overtaking Barclays and NatWest Group. Storonsky made clear the US remains his preference, telling French newspaper Les Echos that American markets offer far more buyers competing aggressively for shares.

In 2024 Storonsky declared that the London stock market 'can't compete' with the US, making Thursday's dual-listing hint a notable softening.

A listing is not imminent — speaking in April, Storonsky put a potential float at 'two years' time' depending on market conditions.

The news comes as Revolut faces scrutiny over a data breach in which scammers obtained sensitive information belonging to around 680 customers globally.

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