Revolut, a prominent British fintech firm known for its crypto-friendly stance, 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. This development comes after the company's recent share sale in November, which valued the business at $75 billion. Although Revolut has stated it will not pursue a listing before 2028 and has not formally established any valuation targets, discussions with investors have touched on potential valuations ranging from $150 billion to $200 billion for a future initial public offering. Additionally, the company is reportedly preparing for a secondary share sale in the latter half of 2026, with anticipated valuations reaching $100 billion post-sale.
Notably, co-founder Nik Storonsky's stake in the company could be worth approximately $80 billion if Revolut reaches the projected $200 billion valuation. The company's financial performance has been strong, with pre-tax profits increasing by 57% 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 fintech to operate more like a traditional bank in the US if approved. While Revolut is aiming for a record-breaking IPO, sources indicate that no formal valuation has been decided upon yet.