According to a report by the Financial Times, British fintech firm Revolut is eyeing a valuation of up to $200 billion in its upcoming stock market listing. This announcement comes just months after the company's $75 billion share sale. Although Revolut has stated that it will not pursue a listing before 2028, it has reportedly discussed a potential valuation of $150 billion to $200 billion with investors.
The company, which recently obtained a full UK banking license, is also planning a secondary share sale in the second half of 2026, with expectations of a $100 billion valuation post-sale. In 2025, Revolut saw a 57% surge in pre-tax profit, reaching 1.7 billion pounds. Additionally, the company has applied for a banking license in the US, which would enable it to operate like a traditional bank.
While Revolut is targeting a record-breaking IPO, sources close to the company indicate that no formal valuation has been decided yet.