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

According to a report by the Financial Times, Revolut, a prominent British fintech company with a strong focus on cryptocurrency, is targeting a valuation of up to $200 billion for its upcoming stock market listing. This news 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 set any valuation targets, it has discussed a potential valuation range of $150 billion to $200 billion with investors for a future initial public offering. The company, which obtained a full UK banking license in March, is also expected to conduct a secondary share sale in the second half of 2026, with anticipated valuation of $100 billion post-sale. Additionally, Revolut's co-founder, Nik Storonsky, mentioned that his stake in the company would be worth approximately $80 billion if the company reaches a valuation of $200 billion. In 2025, Revolut's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. Furthermore, the company has applied for a banking license with the US Office of the Comptroller of the Currency, which would enable it to operate more like a traditional bank in the US if approved. While Revolut is striving for a record-breaking IPO, a source close to the fintech firm noted that no formal valuation has been decided upon yet.