Revolut IPO push go 2028 after dem collect UK bank license

Revolut dey plan delayed IPO for 2028. CEO Nik Storonsky talk say dem dey target listin “in about two years,” wey narrow di earlier guidance wey talk 2–3 years timeline. Di delay come as Revolut don achieve big bank milestones. Dem secure full UK banking license after 18-month regulator review wey focus on risk controls and anti-money-laundering systems. Dem also restart dia push for US by applying for national bank charter with OCC and FDIC, and dem appoint Cetin Duransoy (ex-Visa, ex-Raisin US) to lead operations. If dem get US banking license, e go allow more direct access to Federal Reserve payment infrastructure, wey go help Revolut scale loans and credit cards. While dem still private, Revolut don strong dia private-market position through secondary share sales. Di latest deal for November value di company at about $75B, up from $45B one year before, and another secondary sale for 2026 reportedly dey considered. For 2024–2025, di business show improving profitability: revenue rise to about $4B in 2024 (+72% YoY) and pre-tax profit to about $1.4B (+149%). For 2025, revenue come to about $6B and profit increase roughly 57% YoY to around $2.3B. Revolut also talk say dem get 300+ digital tokens available for app. For crypto traders, di key takeaway na say Revolut IPO timing likely less important than dia regulated banking expansion. Any upgrade to compliance-grade payments and retail on-ramps fit support am, but short-term impact on specific crypto prices dey expect to be indirect.