Ahead of listing, Revolut wants to build confidence in the bank

Revolut will not go public until 2028 at the earliest - Storonsky

PayPal Holdings, Inc.

Tesla, Inc.

Mizuho analyst Dan Dolev, who has been advising to buy PayPal shares for two years, downgraded them to Neutral due to risks from Elon Musk's new fintech service X Money, MarketWatch <a href="https://www.marketwatch.com/story/elon-musk-was-pushed-out-at-paypal-now-hes-launching-a-rival-that-could-disrupt-it-d4505c6f?mod=home_lead">writes</a>. X Money is a digital wallet and payment platform integrated into the X social network, which Dolev estimates has "the potential to change the payments market in the United States."

"Copy WeChat Pay and Alipay": what Musk's new payment service threatens PayPal with

Mexican fintech company Plata, founded by former top managers of Russian bank Tinkoff (now T-Bank), has raised $405 mln in a new round of financing. Thus, the company's valuation has reached $5 billion, <a href="https://www.linkedin.com/posts/michael-calvey-16887776_plata-hits-5-billion-valuation-in-bicycle-activity-7450397633904427008-4tBU">said</a> one of Plata's investors Michael Calvey in Linkedin. This is the highest figure in Latin America among private financial companies, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-04-15/plata-hits-5-billion-valuation-in-bicycle-capital-led-funding">notes</a>.

Plata, founded by Tinkoff natives, reached a valuation of $5 billion

A growing customer base and a Bank of England license pave the way for the company to compete directly with traditional banks

Fintech Revolut reports record profits for 2025

British fintech company Revolut, Europe's most valuable startup, <a href="https://www.revolut.com/news/revolut_launches_uk_bank/">said</a> on March 11 that it had received a full banking license in the United Kingdom. This will allow it to start full-fledged operations as a bank in the country and launch full-fledged accounts for British customers after several years of waiting, Reuters <a href="https://www.reuters.com/business/finance/revolut-gets-full-uk-banking-licence-after-years-long-wait-2026-03-11/">notes</a>.

Revolut launches full-fledged bank in Britain - after a year and a half of restrictions

Visa Inc.

Operations in the region will be led by a former top Visa executive

Revolut has applied for a banking license in the US. This could become its largest market

Europe's most valuable fintech startup Revolut is considering a new share sale in the second half of this year amid strong investor demand ahead of a possible IPO, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-02-25/revolut-weighs-share-sale-later-this-year-on-pre-ipo-demand">reported</a>, citing sources.

Revolut is preparing a new stock sale and is targeting a valuation of up to $150 billion before its IPO

PicS N.V.

BofA Securities has <a href="https://www.cnbc.com/2026/02/24/tuesday-stocks-by-analyst-calls-like-nvidia.html">initiated</a>&nbsp;coverage of Brazilian fintech PicPay with a “buy” rating, less than a month after the company <a href="https://filemanager-cdn.mziq.com/published/f4269298-97ef-427d-ac29-04f9d6a6054a/590c0052-1dc9-410c-9c7d-0d8615ae5783_picpay_pricing_press_release.pdf">went public</a> in an IPO, listing on the Nasdaq. The company’s earnings per share is expected to grow at an average annual rate of 117% through 2028, with the main driver being an expansion of PicPay's loan portfolio, BofA <a href="https://www.investing.com/news/analyst-ratings/bofa-securities-initiates-picpay-stock-with-buy-rating-on-credit-growth-93CH-4521017">said</a>.

BofA is latest to initiate on Brazilian digital bank PicPay at 'buy'

One of the world's most valuable private companies, Stripe, has increased its valuation to $159 billion in the latest employee stock deal - a 72% increase from a year earlier. The payment service <a href="https://stripe.com/en-fr/newsroom/news/stripe-2025-update">announced the</a> deal on February 24, simultaneously with the publication of the traditional letter about the results of the year.

Patrick Collison created fintech giant Stripe. What advice would he have given himself as a young man?

Klarna Group plc

Swedish digital payment service Klarna, which operates on the model "buy now, pay later", <a href="https://s205.q4cdn.com/644747736/files/doc_earnings/2025/q4/earnings-result/Q4-25-Klarna-Group-plc-Earnings-Release.pdf">reported</a> record revenue for the fourth quarter of 2025, but its forecast for 2026 was weaker than the market had hoped, <a href="https://www.barrons.com/articles/klarna-earnings-stock-price-bc1b8928?gaa_at=eafs&amp;gaa_n=AWEtsqfdLn0n35OGoDxr9prdklrxWtJssNg-hJEKV3ce6ID2Xm1k4gBL_cTi&amp;gaa_ts=69972b1c&amp;gaa_sig=yjPymIiKLHtAKYfgNSsxQnEhoPgnK-ZziMvbwolPSxnV7wJidhH0M71S1q-hmFYe77AARE1r9yBE7OL8wfN7Cg%3D%3D">writes</a> Barron's. Against this background, the company lost more than a quarter of its value in one trading session. At the time of publication of this text, its shares were trading at just over $14 and may show the worst day for the entire time of circulation on the stock exchange, the publication points out.

Klarna's revenue topped $1 billion for the first time in a quarter. Why did the stock plummet 25%?

Revolut, according to the agency, is preparing a platform for private equity investments

Revolut may offer investors in Europe access to Apollo funds - Bloomberg

Morgan Stanley

Until 2025, the bank used Morgan Stanley's services