Revolut Sets Sights on $200 Billion IPO Valuation

Revolut, a UK-based fintech firm known for its crypto-friendly stance, 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, the company had previously discussed a potential valuation range of $150 billion to $200 billion with investors. This news comes after Revolut's share sale in November, which valued the company at $75 billion. The firm is also reportedly preparing for a secondary share sale in the second half of 2026, with expectations of reaching a $100 billion valuation post-sale. Additionally, Revolut's co-founder, Nik Storonsky, has stated that his stake in the company would be worth approximately $80 billion if the company reaches a $200 billion valuation. In 2025, Revolut saw a 57% increase in pre-tax profit, reaching 1.7 billion pounds ($2.3 billion). The company has also applied for a banking license in the US, which would enable it to operate more like a traditional bank. Although Revolut is targeting a record-breaking IPO, a source close to the fintech company notes that no formal valuation has been decided upon.