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Saved February 14, 2026
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European fintech companies like Revolut and Wise are moving towards US listings, indicating a shift in market preference. Revolut's CEO criticized the London Stock Exchange, calling it "not rational" for their plans. Starling Bank is also considering a US IPO.
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Europe remains a key player in fintech innovation, even as companies like Revolut and Wise shift their focus to the U.S. market for potential listings. Nikolay Storonsky, the CEO of Revolut, publicly criticized the London Stock Exchange, deeming it "not rational" for a UK listing. His remarks highlight a growing sentiment that the U.S. market offers better opportunities for growth and valuation, which poses a significant challenge for London’s financial standing.
Starling Bank is also considering a U.S. initial public offering, indicating that even other UK challengers are looking across the Atlantic for more favorable conditions. Wise plans to move its primary listing from London to a U.S. exchange next year, underscoring the trend of fintech companies prioritizing U.S. markets over their home ground. This shift signals a potential decline in the UK's attractiveness as a hub for fintech, raising concerns among investors and tech companies about the future of European fintech leadership.
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