Revolut IPO Delayed Until 2028

Revolut's CEO, Nik Storonsky, has indicated that the FinTech company's initial public offering (IPO) is unlikely to occur before 2028. While the digital bank intends to eventually go public, Storonsky suggested a timeline of at least four years away. This decision reflects a strategic approach to market readiness and potentially aims to allow further growth and stability before entering the public markets. The company is focusing on its development and operational expansion before pursuing an IPO.