Revolut Aims for Landmark $200 Billion IPO Following $75 Billion Share Sale
According to a report by the Financial Times, Revolut, a leading British fintech firm with a strong focus on cryptocurrency, has informed investors that it is striving for a valuation of up to $200 billion in its forthcoming stock market listing. This announcement comes after the company stated it would not pursue a listing before 2028 and had not established formal valuation targets, following a share sale in November of the previous year that valued the company at $75 billion. Sources familiar with the matter have revealed that Revolut has discussed potential valuations ranging from $150 billion to $200 billion with investors for a future initial public offering. Additionally, media reports suggest that Revolut, which obtained a full UK banking license in March, is preparing for a secondary share sale in the second half of 2026, with expected valuations reaching $100 billion post-sale. Nik Storonsky, the company's co-founder, mentioned in December that his stake in the company would be worth approximately $80 billion if Revolut achieves a $200 billion valuation. The company's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth compared to the nearly 150% increase in the previous year. 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 world's largest economy if approved. Although Revolut is aiming for a record-breaking IPO, a source close to the fintech company has stated that no formal valuation has been decided upon, as reported by the Financial Times.