Revolut Aims for Landmark $200 Billion IPO Following $75 Billion Share Sale

The UK-based fintech firm, known for its crypto-friendly approach, has notified 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 set formal valuation targets after its $75 billion share sale in November, Revolut has reportedly discussed potential valuations between $150 billion and $200 billion with investors. The company, which obtained a full UK banking license in March, is allegedly preparing for a secondary share sale in the second half of 2026, with expectations of a $100 billion valuation. Co-founder Nik Storonsky's stake could be worth around $80 billion if the company reaches the targeted $200 billion valuation. Revolut's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025. Additionally, the company has applied for a US banking license, which would enable it to operate more like a traditional bank in the global economy. Although Revolut is targeting a record-breaking IPO, a source close to the fintech firm stated that no formal valuation has been decided upon, according to the Financial Times.