Revolut Aims for $200 Billion IPO Valuation in Planned Listing

Revolut, a British fintech firm known for its crypto-friendly approach, has informed investors that it is targeting a potential valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times. This news comes after the company's $75 billion share sale last November. Although Revolut has stated that it will not pursue a listing before 2028 and has not formally established any valuation targets, discussions with investors have reportedly involved 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 anticipated valuation of $100 billion post-sale. In a statement made in December, co-founder Nik Storonsky mentioned that his stake in the company would be worth approximately $80 billion if Revolut reaches a $200 billion valuation. The company's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, which is a more modest gain compared to the nearly 150% increase in the previous year. 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 world's largest economy if approved. While Revolut is aiming for a record-breaking IPO, a source close to the fintech firm has indicated that no formal valuation has been decided upon yet, according to the Financial Times. Revolut has not responded to a request for confirmation.