According to a report by the Financial Times, Revolut, a prominent British fintech firm with a strong focus on cryptocurrency, is aiming for a valuation of up to $200 billion in its upcoming stock market listing. This development 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 any valuation targets, discussions with investors have touched on a potential valuation range of $150 billion to $200 billion for a future initial public offering (IPO).
The company, which obtained a full UK banking license in March, is also rumored to be preparing for a secondary share sale in the latter half of 2026, with anticipated 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 the targeted $200 billion valuation. The company's pre-tax profit experienced a 57% surge to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth compared to the nearly 150% increase in the previous year.
Additionally, Revolut has applied for a banking license with the Office of the Comptroller of the Currency (OCC), which would enable the London-based fintech to operate more like a traditional bank in the world's largest economy if approved. While Revolut is striving for a record-breaking IPO, a source close to the fintech firm noted that no formal valuation has been decided upon yet, as per the FT report.