Revolut, a prominent British fintech firm known for its crypto-friendly stance, has set its sights on a valuation of up to $200 billion for its impending stock market listing, as reported by the Financial Times. This development comes after the company's recent $75 billion share sale. Although Revolut has stated that it will not pursue a listing before 2028 and has not formally established any valuation targets, it has reportedly 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 anticipated to conduct a secondary share sale in the latter half of 2026, with projected valuations reaching $100 billion post-sale. In December, co-founder Nik Storonsky mentioned 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 experienced a 57% surge to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth rate compared to the previous year's nearly 150% increase. Additionally, 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.
Despite targeting a record-breaking IPO, a source close to the fintech firm indicated that no formal valuation has been decided upon, according to the Financial Times.