According to a report by the Financial Times, Revolut, a 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. This development comes after the company's $75 billion share sale and its statement that it would not pursue a listing before 2028.
Although Revolut has not formally established a valuation target, discussions with investors have touched on a potential valuation range of $150 billion to $200 billion for a future initial public offering. The company, which obtained a full UK banking license in March, is allegedly preparing for a secondary share sale in the latter half of 2026, with anticipated valuation of $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 reaches the desired $200 billion valuation.
The company's pre-tax profit experienced a 57% surge to 1.7 billion pounds ($2.3 billion) in 2025. Furthermore, Revolut has applied for a banking license with the Office of the Comptroller of the Currency, which would enable the fintech to operate similarly to 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 official valuation has been determined yet.