Story perspectives

Fintech Frenzy: Banks Eye U.S. IPOs Amid Valuation Booms

9/15/2025

Summary

Story summary

Starling Bank is considering a U.S. IPO and has appointed Jody Bhagat to drive growth in its Engine technology unit. CEO Raman Bhatia is optimistic about international expansion.
Revolut has enabled employees to sell shares at a $75 billion valuation, with CEO Nikolay Storonsky favoring a U.S. listing amid U.K. IPO market challenges.
Stripe, valued at $91.5 billion, is contemplating a public offering, taking cues from Klarna's IPO.
Monzo, valued at $5.9 billion, is preparing for an IPO in 2026 while focusing on business scaling.

History

Historical Context

Beyond Meat's 2019 IPO, valued at $3.8 billion, signaled a shift in investor interest towards innovative companies, influencing firms like Stripe, which is valued at $91.5 billion, to consider public offerings. This trend reflects a broader movement among fintech companies, including Starling Bank and Revolut, exploring U.S. listings, potentially reshaping the financial landscape as they adapt to evolving market conditions.

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Story summary

Starling Bank is considering a U.S. IPO and has appointed Jody Bhagat to drive growth in its Engine technology unit. CEO Raman Bhatia is optimistic about international expansion.
Revolut has enabled employees to sell shares at a $75 billion valuation, with CEO Nikolay Storonsky favoring a U.S. listing amid U.K. IPO market challenges.
Stripe, valued at $91.5 billion, is contemplating a public offering, taking cues from Klarna's IPO.
Monzo, valued at $5.9 billion, is preparing for an IPO in 2026 while focusing on business scaling.

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