Revolut, a prominent British fintech firm with a strong presence in the crypto space, has informed investors that it is aiming for a potential valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times. Despite recently stating that it would not pursue a listing before 2028 and had not established formal valuation targets, the company had discussed a possible valuation range of $150 billion to $200 billion with investors for a future initial public offering. This development comes after a share sale in November last year that valued the company at $75 billion. Additionally, Revolut is reportedly preparing for a secondary share sale in the latter half of 2026, with anticipated valuation expectations of $100 billion post-sale.
The company's co-founder, Nik Storonsky, has mentioned that his stake in the company would be worth around $80 billion if Revolut achieves a $200 billion valuation. In 2025, the company's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion.
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 more like a traditional bank in the global economy's largest market. Although Revolut is striving for a record-breaking IPO, a source close to the fintech company has indicated that no formal valuation has been decided upon yet.