Revolut, a prominent British fintech firm with a strong presence in the crypto sector, has reportedly informed investors that it is aiming for a valuation of up to $200 billion in its upcoming stock market listing. This news comes from a report published by the Financial Times on Tuesday. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets after its $75 billion share sale in November, the company allegedly discussed a potential valuation range of $150 billion to $200 billion with investors for a future initial public offering. 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 would be worth around $80 billion if the company reaches the $200 billion valuation mark. Revolut's pre-tax profit experienced a 57% surge to 1.7 billion pounds ($2.3 billion) in 2025, which is a more modest increase compared to the nearly 150% gain seen in the previous year.
Furthermore, Revolut applied for a banking license with the Office of the Comptroller of the Currency in March, which would enable the London-based fintech to operate more like a traditional bank in the world's largest economy 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, according to the Financial Times.