Revolut Sets Sights on $200 Billion IPO Following $75 Billion Share Sale

Revolut, a prominent British fintech firm known for its crypto-friendly stance, has informed investors that it is aiming for a valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times. 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 has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors for a future initial public offering (IPO). Additionally, Revolut is said to be preparing for a secondary share sale in the second half of 2026, with expectations of reaching a $100 billion valuation post-sale. The company's co-founder, Nik Storonsky, has mentioned that his stake in the company would be worth approximately $80 billion if Revolut achieves a $200 billion valuation. In 2025, the company's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion), which is a slower growth compared to the previous year's nearly 150% surge. Furthermore, Revolut has applied for a banking license with the Office of the Comptroller of the Currency (OCC), 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 firm has stated that no formal valuation has been decided yet, according to the Financial Times.