Revolut Aims for $200 Billion IPO Valuation in Planned Listing

Revolut, a UK-based fintech firm with a strong focus on cryptocurrency, has informed investors of its goal to achieve a valuation of up to $200 billion in its upcoming stock market debut, as reported by the Financial Times. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets following its $75 billion share sale in November, the company has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. Recent media reports suggest that Revolut, which obtained a full UK banking license in March, is preparing for a secondary share sale in the latter half of 2026, with anticipated valuation of $100 billion post-sale. In December, co-founder Nik Storonsky mentioned that his stake in the company would be worth approximately $80 billion if Revolut reaches a $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. Although Revolut is targeting a record-breaking IPO, a source close to the fintech firm stated that no formal valuation has been decided upon, according to the Financial Times.