Revolut, a British fintech firm known for its crypto-friendly approach, has informed investors that it is aiming for 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 recent $75 billion share sale and its announcement that it would not pursue a listing before 2028.
Although Revolut has not formally established any valuation targets, it has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors for a future initial public offering. The company, which received a full UK banking license in March, is also said to be preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale. In December, co-founder Nik Storonsky stated that his stake in the company would be worth around $80 billion if Revolut reaches a $200 billion valuation.
The company's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, and it has also applied for a banking license with the Office of the Comptroller of the Currency, which would enable it to operate more like a traditional bank in the US. Despite targeting a record-breaking IPO, a source close to the fintech firm notes that no formal valuation has been decided upon, according to the Financial Times.