Revolut Sets Sights on $200 Billion IPO Valuation

According to a report by the Financial Times, Revolut, a leading crypto-friendly fintech firm in Europe, is aiming for a valuation of up to $200 billion in its upcoming stock market listing. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets, the company had discussed a potential valuation range of $150 billion to $200 billion with investors. This news comes after Revolut's share sale in November, which valued the company at $75 billion. The firm is also preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale. Additionally, Revolut's co-founder Nik Storonsky's stake would be worth approximately $80 billion if the company reaches the targeted valuation. In 2025, the company's pre-tax profit increased by 57% 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 company to operate like a traditional bank in the US if approved. Although Revolut is targeting a record-breaking IPO, a source close to the fintech company stated that no formal valuation has been decided upon.