BLIK owners are considering an initial public offering

The owners of the Polish mobile payment system BLIK are reportedly considering a potential initial public offering (IPO) in Warsaw. As reported by the Bloomberg news agency on February 17, the company could be valued at up to $2 billion in the event of an IPO.

According to the report, the supervisory board of the operator Polski Standard Płatności (PSP) has held initial discussions regarding preparations for an IPO. However, a final decision has not yet been made.

PSP CEO Dariusz Mazurkiewicz declined to comment on specific shareholder plans. “We will not comment on potential shareholder decisions. It is up to them to decide whether and through which model they want to increase the value we have created in the mobile payments market,” the daily newspaper Rzeczpospolita quoted him as saying. At the same time, he emphasized: “BLIK is the most profitable fintech company on the Polish market.”

Just a few days earlier, Mazurkiewicz had told the business portal XYZ that he had not ruled out an initial public offering (IPO). An IPO could—in addition to raising capital—also strengthen international brand awareness, particularly among foreign investors.

According to the CEO, the company needs fresh capital for ambitious expansion plans. One possibility is establishing a holding structure for the international business in which Polish banks would hold an indirect stake.

An IPO at a valuation of two billion dollars would be one of the largest in Warsaw in years. BLIK has recently recorded strong growth: in 2025, users processed 2.9 billion transactions with a total value of 441.5 billion zloty (around 104.6 billion euros). The number of active accounts rose to 20.7 million by the end of December.

PSP’s major shareholders include the banks PKO BP, Santander, ING, mBank, Millennium, and Alior Bank, as well as Mastercard.

This article was produced in cooperation with our partner bne intelliNews