According to a report by the Financial Times, British fintech firm Revolut has informed investors that it aims to achieve a valuation of up to $200 billion in its upcoming stock market listing. This news comes after the company's $75 billion share sale last November. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets, Revolut has allegedly 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 rumored to be preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale. Co-founder Nik Storonsky's stake in the company would be worth approximately $80 billion if Revolut reaches the targeted $200 billion valuation. In 2025, the company's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion.
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 US. Although Revolut is aiming for a record-breaking IPO, a source close to the company stated that no formal valuation has been decided upon, as per the Financial Times report.