Revolut CEO Storonsky Says Digital Bank’s IPO Is Two Years Out

Revolut Ltd. Chief Executive Officer Nik Storonsky said he wants to take the London-based digital bank public, but not until at least 2028, extending the timeline on one of Europe’s most anticipated offerings.

“Two years away,” Storonsky said regarding a potential initial public offering in an interview with David Rubenstein for an upcoming episode of The David Rubenstein Show: Peer to Peer Conversations. “We’re a bank, and for a bank, it’s super important to have trust. Public companies are trusted more compared to private companies.”

Storonsky’s comments end any speculation that the Nvidia Corp.- and ...