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

Revolut, a prominent crypto-friendly fintech firm in the UK, has informed investors that it aims to achieve 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 discussed potential valuations between $150 billion and $200 billion with investors. Revolut, which obtained a full UK banking license in March, is reportedly preparing for a secondary share sale in the second half of 2026, with expected valuations reaching $100 billion post-sale. The company's co-founder, Nik Storonsky, estimated that his stake would be worth around $80 billion if the company reaches a $200 billion valuation. In 2025, Revolut's pre-tax profit increased by 57% to 1.7 billion pounds, or $2.3 billion. 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 targeting a record-breaking IPO, a source close to the fintech firm stated that no formal valuation has been decided yet.