Revolut IPO pushed to 2028 as US banking charter plans move forward
Revolut CEO Nik Storonsky said the Revolut IPO is at least two years away, effectively moving a listing to 2028. The update closes the door on hopes for an earlier float.
The company’s priority is US banking expansion. Revolut applied for a bank license that would provide direct Federal Reserve payment access and enable loans and credit cards for US customers. This was its second attempt. Revolut also said it secured its full UK banking license after a five-year back-and-forth with British regulators, making it a fully licensed bank at home.
Storonsky linked IPO readiness to trust, suggesting regulators and customer confidence come first. Ahead of the Revolut IPO, the firm will consider additional secondary share sales to create employee and early-investor liquidity while extending its private-market runway. The most recent secondary, completed in November, valued the firm at $75 billion versus $45 billion a year earlier. Bloomberg reported a potential secondary transaction in 2026.
Financially, Revolut reported about $6 billion revenue for 2025, with profits up 57% year-over-year to roughly $2.3 billion and five straight years in the black. It ended 2025 with 68 million+ customers across 40 markets. Revolut also offers trading access to 300+ digital tokens. Backers include Nvidia and Coatue Management.
Neutral
This is not a direct token/market-moving protocol change, but it can still matter to crypto access and broader fintech liquidity. Revolut delays the Revolut IPO to 2028, which is more about company process and regulatory timing than about immediate crypto fundamentals. On the positive side, the US banking charter effort (Federal Reserve payment access; loans/credit cards) could expand fiat rails for crypto-friendly users, and Revolut’s track record of secondary sales suggests ongoing private liquidity. However, the IPO delay reduces the chance of near-term “IPO hype” translating into immediate sentiment for specific coins.
Historically, major fintech licensing announcements often support stable, longer-run demand for on/off-ramp services rather than causing sharp, coin-specific rallies. With Revolut already reporting growth and large user scale, the trading takeaway is more about watch-listing a regulated payments/financial access expansion than expecting a sudden volatility spike in major tokens. Net impact: neutral for market stability, with mild medium-term relevance to crypto-banking rails.