Revolut is certainly one of the FinTech pioneers with a strong foothold in the Gen Z segment. It continues to redefine digital banking, achieving record-breaking growth in users, revenue, and profitability. With a strong focus on innovation, global expansion, and a highly anticipated IPO, Revolut is positioning itself as the world’s first truly global bank.
TransferWise prepared for a blockbuster IPO and appointed the two Wall Street giants Goldman Sachs and Morgan Stanley as joint coordinators, Sky News reported last week. The surprising thing here is the decision in favor of a listing in London and against New York. This is certainly an important milestone for London to remain Europe's most important financial center after Brexit. The valuation for the IPO is expected to exceed $5 billion. And hey, they are profitable!