Revolut Aims for Landmark $200 Billion IPO Valuation

Revolut, a UK-based fintech firm known for its crypto-friendly stance, has set its sights on a $200 billion valuation for its impending stock market listing, as reported by the Financial Times. This news comes after the company's $75 billion share sale last November. Although Revolut has stated that it will not pursue a listing before 2028 and has not formally established a valuation target, the company has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. Additionally, the firm is said to be preparing for a secondary share sale in the latter half of 2026, with expectations of achieving a $100 billion valuation post-sale. Co-founder Nik Storonsky's stake in the company would be valued at approximately $80 billion if Revolut reaches the projected $200 billion valuation. The company's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth rate compared to 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 would enable the company to operate more like a traditional bank in the US if approved. While Revolut is targeting a record-breaking IPO, a source close to the fintech firm notes that no formal valuation has been decided upon yet.