Revolut Sets Sights on Historic $200 Billion IPO Valuation

Revolut, a leading crypto-friendly fintech firm in the UK, has informed investors that it aims to achieve a valuation of up to $200 billion in its upcoming 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 any valuation targets, discussions with investors have reportedly centered around a potential valuation of $150 billion to $200 billion for a future initial public offering. The company, which obtained a full UK banking license in March, is also reportedly preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale. Co-founder Nik Storonsky's stake in the company would be worth approximately $80 billion if Revolut reaches the targeted $200 billion valuation. In 2025, the company's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. Additionally, Revolut has applied for a banking license with the US Office of the Comptroller of the Currency, which would enable the London-based fintech to operate more like a traditional bank in the US. While Revolut is aiming for a record-breaking IPO, a source close to the company notes that no formal valuation has been decided upon, according to the Financial Times.