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

According to a report by the Financial Times, Revolut, a prominent British fintech firm, has informed investors that it aims to achieve a valuation of up to $200 billion in its initial public offering. 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, it has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. The company, which obtained a full UK banking license in March, is allegedly preparing for a secondary share sale in the second half of 2026, with anticipated valuation of $100 billion post-sale. Nik Storonsky, co-founder of Revolut, mentioned in December that his stake in the company would be worth around $80 billion if the company reaches a $200 billion valuation. In 2025, Revolut's pre-tax profit saw a 57% increase 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. While Revolut is targeting a record-breaking IPO, a source close to the fintech firm noted that no formal valuation has been decided upon, according to the Financial Times.