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

According to a report by the Financial Times, British fintech company Revolut is aiming for a valuation of up to $200 billion in its upcoming stock market listing. This news comes after the company's $75 billion share sale in November and its recent statement that it would not pursue a listing before 2028. Revolut has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors for its future initial public offering. The company, which obtained a full UK banking license in March, is also expected to launch a secondary share sale in the second half of 2026, with a projected valuation of $100 billion. If Revolut reaches the targeted $200 billion valuation, co-founder Nik Storonsky's stake would be worth approximately $80 billion. The firm's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025. Additionally, Revolut has applied for a US banking license, 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 company stated that no formal valuation has been decided upon.