Revolut, a leading UK-based fintech firm known for its crypto-friendly approach, has informed investors of its goal to achieve a valuation of up to $200 billion in its planned stock market listing, as reported by the Financial Times. The company, which is Europe's largest fintech firm, had previously stated that it would not pursue a listing before 2028 and had not established formal valuation targets, following a share sale in November that valued the company at $75 billion.
Sources familiar with the matter revealed to the FT that Revolut has discussed a potential valuation range of $150 billion to $200 billion with investors for its future initial public offering. Additionally, the company is reportedly preparing for a secondary share sale in the second half of 2026, with expectations of reaching a $100 billion valuation post-sale. In December, co-founder Nik Storonsky estimated that his stake in the company would be worth approximately $80 billion if Revolut achieves a $200 billion valuation.
The company's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, following a nearly 150% increase the previous year. Furthermore, 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 if approved.
Although Revolut is aiming for a record-breaking IPO, a source close to the fintech firm stated that no formal valuation has been decided upon yet, according to the FT.