Revolut Sets Sights on $200 Billion IPO Valuation

Revolut, a prominent crypto-friendly fintech firm in the UK, has reportedly informed investors that it aims to achieve a valuation of up to $200 billion in its upcoming stock market listing, as stated in a report by the Financial Times. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets following a $75 billion share sale in November, the company has discussed potential valuations of $150 billion to $200 billion with investors. Additionally, Revolut is allegedly preparing for a secondary share sale in the second half of 2026, with expected valuations of $100 billion post-sale. The company's co-founder, Nik Storonsky, mentioned in December that his stake would be worth approximately $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. The London-based fintech has also 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 targeting a record-breaking IPO, a source close to the company stated that no formal valuation has been decided upon, according to the Financial Times.