Ebury, the Santander-backed fintech, is reviving plans for a potential £2 billion London initial public offer.
The international payments specialist and its advisers are aiming to float in the first half of next year, Sky News reported.
The board and its investment banking advisers have "tentatively pencilled in" an IPO in the second quarter of next year.
In March this year, a mooted £2 billion flotation was knocked off course by volatile market conditions, with Sky saying that valuation is still beibng sought and Santander "unlikely to proceed" with if that figure is not attainable.
Barclays, Goldman Sachs and Peel Hunt will work on the float.
Chairman Bruce Carnegie-Brown, vice-chair of Banco Santander and previously chair for Lloyd's and Marylebone Cricket Club, joined Ebury last year to help steer its listing plans.
At the time, he said the firm was in a strong position but that market conditions were offputting, just as President Donald Trump was launching his tariffs.
Earlier this month, Ebury completed an acquisition in Lithuania to strengthen its position in the Baltics and support international growth.
It follows recent European expansion in Dublin and Stockholm and new country entries including South Africa, New Zealand, Chile and Mexico.