Revolut Aims for Landmark $200 Billion IPO Valuation

Revolut, a UK-based fintech firm known for its crypto-friendly approach, has set its sights on 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 valuation targets, discussions with investors have reportedly centered around a potential valuation range of $150 billion to $200 billion for its initial public offering. Meanwhile, the company is allegedly preparing for a secondary share sale in the latter half of 2026, with anticipated valuation of $100 billion post-sale. Co-founder Nik Storonsky's 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 nearly 150% surge. Additionally, Revolut has applied for a banking license with the Office of the Comptroller of the Currency, which would enable the fintech to operate more like a traditional bank in the US if approved. While Revolut is targeting a record-breaking IPO, sources close to the company indicate that no formal valuation has been decided upon yet.