Revolut Plans Dual London and Nasdaq Listing, Storonsky Tells Les Echos
Nik Storonsky has indicated for the first time that Revolut (get the details) is considering a London listing, reversing his previous stance after two years of dismissing the city in favor of New York. Revolut was valued at $115 billion in July. A partial London float would mark the exchange's biggest success since Wise relocated its primary listing to Nasdaq.
September 18, 2026 - 3:32 pm
The reception of Revolut’s new global headquarters at YY London in Canary Wharf. Credit: Revolut
Storonsky, during an interview with Les Echos conducted in Paris on Monday by Gabriel Nédélec and Ingrid Feuerstein, revealed:
"In reality, we are currently planning a dual listing, on the London Stock Exchange and the Nasdaq."
He had previously been scathing of the London market, stating in 2024 that it couldn't compete with the United States due to Britain's 0.5% stamp duty on share purchases. However, The Telegraph reports that this duty remains in place, while the size and state of the market have changed significantly since his initial statement.
London has struggled to attract new listings, with many companies opting for private status or listing elsewhere. The departure of Wise to Nasdaq is a notable example. AstraZeneca has expanded its New York presence while maintaining its FTSE 100 listing. A Revolut partial listing would represent a significant victory for London.
Dual listings are rare; they typically involve the largest and most traded companies.
The interview focused primarily on Europe, as Revolut has just secured a French banking license and France is set to serve as its European expansion base. The company boasts 70 million customers worldwide, with over 30 million in Europe.
While Revolut holds six banking licenses globally, including one in Colombia acquired last week, it still awaits approval for mortgage lending in Europe from European authorities, according to Les Echos.
Storonsky emphasized the arithmetic advantages of the U.S. market:
"We have the choice between selling in a small market with few buyers, or in a gigantic market with a huge number of buyers who will fiercely compete for our shares."
He also noted that a strong brand presence in the United States allows customers to buy into the offering themselves, boosting market capitalization. The preferred exchange remains Nasdaq, where Wise has relocated.
No specific timeline for the listing has been announced. Earlier this year, Storonsky projected it would not occur until 2028.