Revolut Aims for Landmark $200 Billion IPO Following $75 Billion Share Sale

Revolut, a prominent crypto-friendly fintech firm in the UK, has set its sights on a potential valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times. Despite recently stating that it would not pursue a listing before 2028 and had not established formal valuation targets, the company had reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. This development comes after a share sale in November that valued the company at $75 billion. Additionally, Revolut is said to be preparing for a secondary share sale in the latter half of 2026, with expectations of achieving a $100 billion valuation post-sale. The company's co-founder, Nik Storonsky, mentioned in December that his stake in the company would be worth around $80 billion if Revolut reaches a valuation of $200 billion. In 2025, the company's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. Furthermore, 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 if approved. Although Revolut is targeting a record-breaking IPO, a source close to the fintech company stated that no formal valuation has been decided upon yet.