Revolut IPO Delayed to 2028 After UK Banking License
Revolut plans a delayed Revolut IPO in 2028. CEO Nik Storonsky said the listing is targeted “in about two years,” narrowing earlier guidance that suggested a 2–3 year timeline.
The delay comes alongside major banking milestones. Revolut secured its full UK banking license after an 18-month regulator review focused on risk controls and anti-money-laundering systems. It also restarted its US push by applying for a national bank charter with the OCC and FDIC, appointing Cetin Duransoy (ex-Visa, ex-Raisin US) to lead operations. A US banking license would allow more direct access to Federal Reserve payment infrastructure, helping Revolut scale loans and credit cards.
While staying private, Revolut strengthened its private-market position through secondary share sales. Its latest deal in November valued the company at about $75B, up from $45B a year earlier, and another secondary sale for 2026 is reportedly being considered.
For 2024–2025, the business showed improving profitability: revenue rose to about $4B in 2024 (+72% YoY) and pre-tax profit to about $1.4B (+149%). For 2025, revenue was about $6B and profit increased roughly 57% YoY to around $2.3B. Revolut also says it has 300+ digital tokens available in-app.
For crypto traders, the key takeaway is that the Revolut IPO timing is likely less important than its regulated banking expansion. Any upgrade to compliance-grade payments and retail on-ramps could be supportive, but near-term impact on specific crypto prices is expected to be indirect.
Neutral
The news is mainly about Revolut’s corporate and regulatory path rather than a direct crypto catalyst. Revolut IPO timing shifts to 2028, which is unlikely to move crypto prices immediately on its own. What matters more is the company’s progress toward regulated banking infrastructure: the full UK banking license and the US national bank charter application could eventually improve compliance-grade retail payment rails and on-ramps.
However, both summaries explicitly frame crypto impact as indirect in the near term. Even with 300+ token trading access, there’s no announcement of specific token listings, partnerships, or changes to crypto market structure. The strongest tradable signal here is medium-term confidence in regulated fintech distribution, not an immediate bullish/bearish impulse for any single cryptocurrency.