Revolut Aims for $200 Billion IPO Following $75 Billion Share Sale

UK-based fintech firm Revolut has reportedly set its sights on a valuation of up to $200 billion for its upcoming stock market listing, as stated in a report by the Financial Times. This comes after the company's $75 billion share sale in November last year. Although Revolut has stated it will not pursue a listing before 2028 and has not formally established any valuation targets, discussions with investors have suggested a potential valuation range of $150 billion to $200 billion for a future initial public offering. Additionally, the company is said to be preparing for a secondary share sale in the latter half of 2026, with expected valuations reaching $100 billion post-sale. In a statement made in December, co-founder Nik Storonsky estimated his stake in the company would be worth approximately $80 billion if Revolut reaches the projected $200 billion valuation. The company's pre-tax profit experienced a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth compared to the previous year's near 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 similarly to traditional banks in the US if approved. Despite targeting a record-breaking IPO, sources close to the fintech company indicate that no formal valuation has been decided upon, according to the Financial Times.