Revolut Aims for Record-Breaking $200 Billion IPO Valuation

Revolut, a leading crypto-friendly fintech firm in Europe, has set its sights on a potential $200 billion valuation in its upcoming stock market listing, as reported by the Financial Times. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets after its $75 billion share sale in November, the company has discussed a possible valuation range of $150 billion to $200 billion with investors. Revolut, which obtained a full UK banking license in March, is reportedly preparing for a secondary share sale in the second half of 2026, with expectations of achieving a $100 billion valuation post-sale. The company's co-founder, Nik Storonsky, has mentioned that his stake would be worth approximately $80 billion if the company reaches the targeted $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. Although Revolut is aiming for a record-breaking IPO, a source close to the fintech firm notes that no formal valuation has been decided upon yet.