British fintech firm Revolut, a notable player in the crypto space, has informed investors of its ambitious goal to achieve a valuation of up to $200 billion in its impending stock market debut, 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, Revolut has discussed potential valuations between $150 billion and $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 latter half of 2026, with anticipated valuations reaching $100 billion post-sale.
Furthermore, co-founder Nik Storonsky's stake is projected to be worth approximately $80 billion if the company reaches the targeted $200 billion valuation. Revolut'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 previous year's nearly 150% surge. Additionally, the company has applied for a banking license with the Office of the Comptroller of the Currency, which would enable it to operate more like a traditional bank in the US if approved. Although Revolut is aiming for a record-breaking IPO, sources indicate that no formal valuation has been decided upon yet.