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By Katherine Langford
City AM
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The finance boss of Plus500 has said a US listing is “always on the table” as the fintech firm turns to North America for its next phase of growth. Elad Even-Chen, chief financial officer at Plus500, told City AM: “We always keep assessing all the opportunities. It s our duty as a public company. “It s something that is always on the table, but in order for us to say it s the right thing… it needs to come also with substance of a bit more and greater kind of level of performance,” he said. Even-Chen tied the listing considerations to the group’s medium-term targets around revenue for the US. He said in the next three to four years the US will “be at least the level of 30 to 35 per cent” of the group total. The fintech boss said it would be able to “consider” a US listing “properly” when a “considerable” amount of revenue and profit was driven from the region. “It may be applicable in the future, we ll continue to assess it. But for the time being, we re very much focus