IPOs

Revolut favours US listing as UK government lines up talks

Treasury looks to woo Revolut away from New York and towards London as banking licence smooths path to IPO

Can a prized float help show the City’s capital markets are still on top?
Can a prized float help show the City’s capital markets are still on top? Photo: Jakub Porzycki/Getty Images

The UK government is due to meet Revolut and bang the drum for London as the fintech leans towards a marquee listing in the US.

The Financial Times reports that Revolut will be one of a host of businesses to meet new City minister Tulip Siddiq in the autumn, with potential IPO plans and the state of the City likely talking points.

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