Revolut Sets Sights on $200 Billion IPO Valuation

Revolut, a leading British fintech firm with a strong focus on cryptocurrency, has informed investors that it aims to achieve a valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets following its $75 billion share sale in November, the company reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. Additionally, Revolut is said to be preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale. The company's co-founder, Nik Storonsky, estimated that his stake would be worth around $80 billion if the company reaches a $200 billion valuation. In 2025, Revolut's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. The firm has also applied for a banking license in the US, which would enable it to operate more like a traditional bank. Although Revolut is targeting a record-breaking IPO, a source close to the company stated that no formal valuation has been decided upon.