Revolut, a prominent crypto-friendly fintech firm in the UK, has set its sights on a valuation of up to $200 billion for its upcoming stock market listing, as reported by the Financial Times. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets after its $75 billion share sale in November, the company has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors for a future initial public offering. Additionally, Revolut is said to be preparing for a secondary share sale in the latter half of 2026, with anticipated valuation of $100 billion post-sale. The company's co-founder, Nik Storonsky, mentioned that his stake would be worth approximately $80 billion if the company reaches the $200 billion valuation mark.
In 2025, Revolut saw a 57% surge in pre-tax profit to 1.7 billion pounds, or $2.3 billion. The company has also applied for a banking license with the Office of the Comptroller of the Currency, which would enable it 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 yet.