Revolut, a prominent crypto-friendly fintech firm in the UK, has set its sights on a valuation of up to $200 billion for its impending stock market listing, as reported by the Financial Times. This news comes after the company's recent $75 billion share sale and its statement that it would not pursue a listing before 2028, without establishing formal valuation targets.
Sources close to the matter revealed that Revolut has discussed potential valuations ranging from $150 billion to $200 billion with investors for its future initial public offering. Additionally, the company is reportedly preparing for a secondary share sale in the latter half of 2026, with anticipated valuations exceeding $100 billion post-sale. In December, co-founder Nik Storonsky disclosed that his stake in the company would be worth approximately $80 billion if Revolut reaches the targeted $200 billion valuation. The company's pre-tax profit experienced a 57% surge to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth compared to the previous year's nearly 150% increase.
Furthermore, 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 similarly to a traditional bank in the world's largest economy if approved. Although Revolut is striving for a record-breaking IPO, a source close to the fintech firm noted that no formal valuation has been decided upon, as reported by the Financial Times.