Revolut Sets Sights on $200 Billion IPO Valuation

Revolut, a leading British fintech firm with a strong presence in the crypto space, 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. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets following its $75 billion share sale in November, the company has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. Revolut, which obtained a full UK banking license in March, is said to be preparing for a secondary share sale in the second half of 2026, with expectations of a $100 billion valuation post-sale. The company's co-founder, Nik Storonsky, has stated that his stake in the company would be worth approximately $80 billion if Revolut reaches a $200 billion valuation. In 2025, the company's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. Additionally, 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 more like a traditional bank in the US. Although Revolut is targeting a record-breaking IPO, a source close to the company has indicated that no formal valuation has been decided upon yet.