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Revolut wants to take on JP Morgan for the US market

Reported by Callum Williams, Payment Expert

Image: Payment Expert

A recent interview by Nik Storonsky, CEO of Revolut, revealed his plans for a US stock market listing and taking on the country’s largest bank. Revolut CEO, Nik Storonsky , has revealed he favours a primary public listing for the digital bank’s initial public offering (IPO). In an interview with Bloomberg , Storonsky favours the US over its home market of the UK primarily due to the “deep liquidity of the US market”. Storonsky has earmarked 2028 for a potential IPO and has admitted it would be highly unlikely if its public market debut would come before this.

This is an excerpt. The reporting belongs to Payment Expert.

Read the full report on paymentexpert.com
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