Revolut Plans $75 Billion Dual IPO in London and New York: FTSE 100 Listing Potential

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Revolut Plans $75 Billion Dual IPO in London and New York: FTSE 100 Listing Potential

British fintech giant Revolut is considering a groundbreaking dual listing for its IPO in both London and New York markets, according to Sunday Times reports. The $75 billion valued company could become the first to simultaneously list in New York while joining London's prestigious FTSE 100 index, potentially delivering a significant boost to the UK's financial sector. With 65 million global users and $3.77 billion in total funding raised, Revolut has evolved from its origins as a travel card provider into a comprehensive financial platform offering stock trading, cryptocurrency services, hotel bookings, and business accounts. CEO Nik Storonsky's recent softened stance on London listing, combined with new FTSE inclusion rules allowing faster index access, suggests growing momentum toward the dual listing approach that could unlock substantial demand from index-tracking funds.
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