Revolut Ltd. CEO Nik Storonsky has revealed ambitious plans to position the digital bank as a major competitor to financial giants like JPMorgan Chase & Co. and American Express Co. in the US market. In an interview with Bloomberg TV, Storonsky emphasized his goal of securing a primary listing in the US if the company proceeds with a public offering. He cited the deep liquidity of the US market as a key factor in this strategic decision.
The Revolut CEO has previously indicated his intention to take the company public, though he clarified that this would not happen before 2028. The initial public offering (IPO) would likely involve a dual listing in both the UK and the US, allowing Revolut to capitalize on the strengths of both markets. Storonsky’s comments underscore the company’s long-term vision to expand its footprint in the US financial sector.