Nik Storonsky, CEO of Revolut, criticized the UK stock market's liquidity and high transaction costs compared to the US. He indicated that a public listing in the US is more appealing for the fintech company, which recently achieved a $45 billion valuation. Barclays' CEO echoed similar concerns about the UK market's decline.
Revolut has emerged as Europe's most valuable startup, recently achieving a valuation of $45 billion after securing a UK banking license. However, the company is considering a public listing, with Storonsky expressing doubts about the attractiveness of the UK market due to its structural issues.
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The United States of America, commonly known as the United States or America, is a country mostly located in central North America, between Canada and Mexico.
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China, officially the People's Republic of China, is a country in East Asia. It is the world's most populous country, with a population of around 1.4 billion in 2019.
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New York is a state in the Northeastern United States. New York was one of the original thirteen colonies that formed the United States. With more than 19 million residents in 2019, it is the fourth-most-populous state.
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Donald John Trump is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021.
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Hong Kong, officially the Hong Kong Special Administrative Region of the People's Republic of China, is a metropolitan area and special administrative region of the People's Republic of China on the eastern Pearl River Delta of the South China Sea.
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The Goldman Sachs Group, Inc., is an American multinational investment bank and financial services company headquartered in New York City.
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Elliott Management Corporation is an American investment management firm. It is also one of the largest activist funds in the world.
It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limited. The Elli
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UBS Group AG is a Swiss multinational investment bank and financial services company founded and based in Switzerland. Co-headquartered in the cities of Zürich and Basel, it maintains a presence in all major financial centres as the largest Swiss banking
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Singapore, officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia. It lies about one degree of latitude north of the equator, off the southern tip of the Malay Peninsula, bordering the Straits of Malacca to the w
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California is a state in the Pacific Region of the United States. With 39.5 million residents across a total area of about 163,696 square miles, California is the most populous U.S. state and the third-largest by area, and is also the world's thirty-fourt
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The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom or Britain, is a sovereign country located off the northwestern coast of the European mainland.
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Tokyo Gas Co., Ltd., founded in 1885, is the primary provider of natural gas to the main cities of Tokyo, Kanagawa, Saitama, Chiba, Ibaraki, Tochigi, Gunma, Yamanashi, and Nagano. As of 2012, Tokyo Gas is the largest natural gas utility in Japan.
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Talabat is an online food ordering company founded in Kuwait. It operates in Kuwait, Saudi Arabia, Bahrain, the UAE, Oman, Qatar, Jordan, and Egypt. Talabat is the largest online food ordering company in the Middle East.
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Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City.
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Revolut is a financial technology company that offers banking services. Headquartered in London, England, it was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko.
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Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors.
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Bain Capital is an American private investment firm based in Boston, Massachusetts. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate.
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Cinven is a global private equity firm founded in 1977, with offices in nine international locations in Guernsey, London, New York, Paris, Frankfurt, Milan, Luxembourg, Madrid, and Hong Kong that acquires Europe and United States based corporations, and e
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Dubai is the most populous city in the United Arab Emirates and the capital of the Emirate of Dubai.
Located in the eastern part of the Arabian Peninsula on the coast of the Persian Gulf, Dubai aims to be the business hub of Western Asia.
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ByteDance's core product, Toutiao, is a content platf
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Mumbai is the capital city of the Indian state of Maharashtra. According to United Nations, as of 2018, Mumbai is the most populous city in the country and the seventh-most populous city in the world with a population of roughly 20 million.