According to a report by the Financial Times, Revolut, a prominent British fintech firm with a strong focus on cryptocurrency, has informed investors that it is aiming for a valuation of up to $200 billion in its planned stock market listing. This news comes after the company stated 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 have revealed that Revolut has discussed potential valuations between $150 billion and $200 billion with investors for a future initial public offering. Additionally, the company is reportedly preparing for a secondary share sale in the latter half of 2026, with expected valuations reaching $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 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. 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 similarly to a traditional bank in the world's largest economy if approved.
Although Revolut is aiming for a record-breaking IPO, a source close to the fintech firm has stated that no formal valuation has been decided upon, according to the Financial Times. Revolut has not immediately responded to requests for confirmation.