According to a recent report by the Financial Times, Revolut, a leading British fintech firm known for its crypto-friendly stance, has set its sights on a staggering $200 billion valuation for its upcoming stock market listing. This news comes after the company's $75 billion share sale in November last year. Although Revolut has stated that it will not pursue a listing before 2028 and has not formally established any valuation targets, sources close to the matter indicate that the company has discussed a potential valuation range of $150 billion to $200 billion with investors.
Additionally, Revolut is said to be preparing for a secondary share sale in the second half of 2026, with expectations of achieving a $100 billion valuation post-sale. The company's co-founder, Nik Storonsky, has mentioned that his stake in the company would be worth approximately $80 billion if Revolut reaches the targeted $200 billion valuation. In 2025, Revolut's pre-tax profit saw a significant increase of 57% to 1.7 billion pounds ($2.3 billion), albeit smaller than the previous year's surge of nearly 150%. Furthermore, Revolut has applied for a banking license with the Office of the Comptroller of the Currency (OCC), which would enable the London-based fintech to operate more like a traditional bank in the world's largest economy if approved.
While Revolut is pushing for a record-breaking IPO, a source close to the fintech firm notes that no formal valuation has been decided upon yet.