Revolut eyes dual listing in London after government overtures

Introduction
Digital banking giant Revolut is weighing the possibility of a dual listing in London following renewed government efforts to court major fintech companies. The move would represent a high-profile boost for the UK’s ambitions to reassert itself as a global hub for financial technology after Brexit.

Government outreach
Officials have been actively engaging with Revolut’s leadership, presenting London as an attractive home base for a future public listing. With a valuation exceeding $30 billion in its last private funding round, Revolut is one of Europe’s most prominent fintech unicorns. A successful listing in the capital would signal renewed confidence in London’s financial markets at a time when competition from New York, Frankfurt, and Amsterdam has grown fiercer.

Revolut’s considerations
Sources close to the company indicate that Revolut is studying the merits of a dual listing, potentially splitting its shares between London and another major exchange. While New York offers deeper liquidity and a broader investor base, a London component would align with the firm’s European identity and bolster the government’s campaign to attract tech IPOs. However, regulatory hurdles remain, including questions over banking licenses and reporting requirements, which could complicate the timeline.

Implications for fintech and markets
A Revolut dual listing would be a significant milestone for London’s stock exchange, which has struggled to retain high-growth tech firms. Analysts note that the government’s overtures suggest a recognition that the UK must modernize its listing environment to stay competitive. For Revolut, the move would expand its access to capital while enhancing visibility across both European and American markets. The decision could also set a precedent for other fintech companies considering where to stage their debuts.

Conclusion
Revolut’s potential dual listing in London reflects both the company’s growth ambitions and the government’s determination to secure high-profile fintech wins. If executed, the deal could help redefine London’s role in the global financial ecosystem. The coming months will determine whether these talks translate into a landmark IPO or remain another sign of the ongoing tug-of-war between London and rival exchanges.