Revolut, a prominent crypto-friendly fintech firm in the UK, has informed investors of its goal to achieve a valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets after its $75 billion share sale in November, the company has discussed potential valuations between $150 billion and $200 billion with investors. Additionally, Revolut is reportedly preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale. The company's co-founder, Nik Storonsky, mentioned that his stake would be worth around $80 billion if the company reaches the target valuation of $200 billion.
In 2025, Revolut's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. The company has also applied for a banking license in the US, which would enable it to operate more like a traditional bank.
Although Revolut is targeting a record-breaking IPO, a source close to the company stated that no formal valuation has been decided yet.