Revolut, a UK-based fintech firm known for its crypto-friendly approach, has set its sights on a potential $200 billion valuation for its upcoming stock market listing, as reported by the Financial Times. This news comes after the company's $75 billion share sale in November last year.
Although Revolut has stated that it will not pursue a listing before 2028 and has not formally established valuation targets, discussions with investors have reportedly centered around a potential valuation range of $150 billion to $200 billion for its initial public offering. Additionally, the company is said to be preparing for a secondary share sale in the latter half of 2026, with anticipated valuations reaching $100 billion post-sale.
Co-founder Nik Storonsky's stake is expected to be worth approximately $80 billion if the company achieves the projected $200 billion valuation. In 2025, Revolut's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. The company has also applied for a US banking license, which would enable it to operate more like a traditional bank in the global economy. While Revolut is targeting a record-breaking IPO, sources indicate that no formal valuation has been decided upon.