Revolut boss says US primary listing was ‘always the target’ Fintech The boss of Revolut has said a primary listing in New York was “always” the company’s top goal, in a snub to the London Stock Exchange after a years-long charm offensive. Nik Storonsky, the founder and chief executive of Revolut, said a primary listing in the US was “always the target, given the deep liquidity [...]
Airtel Money set for £5.3bn valuation in London’s biggest IPO in years Fintech Airtel Money is set to float at a valuation of £5.3bn in what would be one of the biggest listings on the London Stock Exchange in recent years. The fintech arm of the telecommunications giant Airtel Africa said its investors would sell 270m shares at a price of £1.96 per share in the offer, which [...]
Will Airtel Money kickstart London’s IPO pipeline? IPO London’s sluggish IPO market showed signs of a rebound on Wednesday as Airtel Money confirmed plans for a bumper listing – now the City is hoping it will get the domestic pipeline moving, writes Charlie Conchie. When Airtel Money’s chief executive spoke to City AM yesterday to discuss the launch of his African payment firm’s [...]