PANews reported on September 29th that London-based fintech giant Revolut is considering a dual listing in London and New York, with a valuation of $75 billion. If successful, the company would become the first company to be listed simultaneously in New York and on the FTSE 100. Such a transaction would place Revolut among London's 15 most valuable companies.

Despite ongoing speculation, Revolut is not rushing into an IPO. The company is currently focusing on secondary share sales, with its valuation already at $75 billion. Analysts believe fintech companies may prefer to solidify their foundations before entering the public markets. A key step is launching a UK bank. After receiving approval from the Bank of England last year, the bank remains in its testing phase. Revolut founder Nik Storonsky has prioritized the bank's launch, believing it is central to achieving his goal of 100 million customers worldwide. Only after achieving this goal can Revolut fully turn its attention to a public listing.