Revolut Aims for Landmark $200 Billion IPO Following $75 Billion Share Sale

Revolut, a leading British fintech company with a strong focus on cryptocurrency, has informed investors that it is striving for a valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times on Tuesday. Despite stating that it would not pursue a listing before 2028 and had not set formal valuation targets, the company had previously discussed a potential valuation range of $150 billion to $200 billion with investors for its initial public offering (IPO). This news comes after Revolut's share sale in November, which valued the company at $75 billion. Additionally, the fintech firm is reportedly preparing for a secondary share sale in the latter half of 2026, with expectations of a $100 billion valuation post-sale. In December, co-founder Nik Storonsky mentioned that his stake in the company would be worth around $80 billion if Revolut reaches the target valuation of $200 billion. The company's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, albeit smaller than the previous year's nearly 150% surge. Furthermore, Revolut has applied for a banking license with the Office of the Comptroller of the Currency (OCC), which, if approved, would enable the London-based fintech to operate more like a traditional bank in the world's largest economy. Although Revolut is targeting a record-breaking IPO, a source close to the fintech firm stated that no formal valuation has been decided yet, according to the Financial Times. Revolut has not responded to a request for confirmation.