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Evening Standard
Evening Standard
Anna Wise

Revolut boss says ‘not rational’ to float in UK over US stock market

Revolut made a record profit in 2023, as the UK fintech giant continues its long wait for a British banking licence (Revolut/PA) -

The boss of Revolut has said it is “not rational” to list its shares in the UK over the US, dealing a blow to London’s stock markets following the fintech giant becoming Europe’s most valuable start-up.

Nik Storonsky’s remarks came as the chief executive of Barclays said London’s stock market had “shrunk” over the past decades, while “the US has grown”.

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