Revolut plans a dual London and Nasdaq listing, Storonsky tells Les Echos
“In reality, we are currently planning a dual listing, on the London Stock Exchange and the Nasdaq,” Nik Storonsky told Les Echos.
The Revolut founder was in Paris on Monday. Gabriel Nédélec and Ingrid Feuerstein interviewed him for the French paper, which published on Thursday.
It is the first time he has pointed to a London listing. Revolut was valued at $115bn in a share sale in July, and a float at that level would make it one of Britain’s largest listed companies.
He spent two years saying the opposite
Storonsky has been dismissive of the London market for years. In 2024 he said it could not compete with the United States.
His objection was specific. Britain charges 0.5% stamp duty on share purchases, and he argued that made a London listing uneconomic.
“The UK is less liquid so it’s much worse compared to the US plus it’s much...
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