Revolut Aims for $200 Billion IPO Valuation in Planned Listing

UK-based fintech firm Revolut has reportedly set its sights on a valuation of up to $200 billion for its upcoming stock market debut, as stated in a report by the Financial Times. This news comes after the company's $75 billion share sale last November. Although Revolut has mentioned that it does not plan to pursue a listing before 2028 and has not formally established any valuation targets, discussions with investors have hinted at a potential valuation range of $150 billion to $200 billion for its initial public offering. Additionally, the company is allegedly preparing for a secondary share sale in the latter half of 2026, with anticipated valuations reaching $100 billion post-sale. In other developments, Revolut's co-founder, Nik Storonsky, has estimated that his stake in the company would be worth approximately $80 billion if the company reaches the projected $200 billion valuation. The company's pre-tax profits saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth rate 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, which would enable the London-based fintech to operate more like a traditional bank in the US if approved. While Revolut is targeting a record-breaking IPO, sources close to the company indicate that no formal valuation has been decided upon yet.