Revolut Rockets to Record Profits and Eyes an IPO, but Keeps the Timeline Under Wraps
Revolut just dropped a jaw‑dropping pre‑tax profit of £438 million, its highest-ever haul, as the fintech giant strides toward a $40 billion valuation. While the headlines scream “IPO opportunity,” the company’s CFO is keeping the exact date mum.
CEO and CFO Keep the Calendar Mysterious
“Improving financial controls and building a stronger team, releasing these results within six months is part of that journey,” said interim CFO Victor Stinga.
In plain English: Revolut is tightening up its internal systems and gearing up for a public company status—but the exact launch date is still a secret mission.
Banking Licence: The Drag‑Forced Waiting Game
- Revolut has applied for a UK banking licence.
- The approval is still in the queue—three years on the line.
- CEO Francesca Carlesi says the filing is “progressing well, but there are a lot of steps.”
- She adds, “We’re optimistic, but we can’t set a firm timeline.”
So while the world waits for a green light, Revolut is steadily tightening its operations, hoping to shine on the public stage when it’s ready.
Keep an eye on this space—Revolut could be about to break into the market in style.
