The UK-based fintech firm, Revolut, has reportedly informed investors that it is aiming for a valuation of up to $200 billion in its upcoming stock market listing, as stated in a report 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 any valuation targets, discussions with investors have hinted at a potential valuation range of $150 billion to $200 billion for a future initial public offering.
Meanwhile, the company is allegedly preparing for a secondary share sale in the latter half of 2026, with expectations of reaching a $100 billion valuation post-sale. Co-founder Nik Storonsky's stake in the company would reportedly be worth around $80 billion if Revolut achieves the targeted $200 billion valuation.
The company's pre-tax profit saw 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 London-based fintech to operate more like a traditional bank in the US if approved. While Revolut is eyeing a record-breaking IPO, sources close to the matter indicate that no formal valuation has been decided upon yet.