According to a recent report by the Financial Times, British fintech company Revolut has informed investors that it is aiming for a valuation of up to $200 billion in its upcoming stock market listing. This development comes after the company's $75 billion share sale in November last year. Although Revolut has stated that it will not pursue a listing before 2028 and has not formally established any valuation targets, discussions with investors have touched on a potential valuation range of $150 billion to $200 billion for a future initial public offering. The company, which obtained a full UK banking license in March, is allegedly preparing for a secondary share sale in the second half of 2026, with anticipated valuation of $100 billion post-sale.
Revolut's co-founder, Nik Storonsky, mentioned in December that his stake in the company would be worth approximately $80 billion if the company reaches a $200 billion valuation. In 2025, the company's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. Additionally, Revolut has applied for a banking license with the Office of the Comptroller of the Currency, which would enable the London-based fintech to operate more like a traditional bank in the US.
While Revolut is targeting a record-breaking IPO, a source close to the fintech firm noted that no formal valuation has been decided upon yet.