Revolut Sets Sights on $200 Billion IPO Following $75 Billion Share Sale

According to a report by the Financial Times, British fintech firm Revolut has informed investors that it aims to achieve a valuation of up to $200 billion in its impending stock market listing. This news comes after the company's $75 billion share sale last November. Despite initially stating that it would not pursue a listing before 2028 and had not established formal valuation targets, Revolut has allegedly discussed a potential valuation of $150 billion to $200 billion with investors for a future initial public offering. The company, which obtained a full UK banking license in March, is also reportedly preparing for a secondary share sale in the second half of 2026, with expected 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. 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. Although Revolut is targeting a record-breaking IPO, a source close to the fintech stated that no formal valuation has been decided upon, according to the Financial Times.