Revolut Aims for Landmark $200 Billion IPO Following $75 Billion Share Sale

Revolut, a prominent British fintech firm known for its crypto-friendly stance, has set its sights on a valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times. This move comes after the company's recent $75 billion share sale and its statement that it would not pursue a listing before 2028, without having established formal valuation targets. Sources familiar with the matter revealed that Revolut has discussed a potential valuation range of $150 billion to $200 billion with investors for its future initial public offering. Additionally, the company is reportedly preparing for a secondary share sale in the latter half of 2026, with anticipated valuation expectations of $100 billion post-sale. Notably, co-founder Nik Storonsky's stake would be valued at approximately $80 billion if the company achieves the projected $200 billion valuation. Revolut's pre-tax profit experienced a 57% surge to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth compared to the previous year's nearly 150% increase. Furthermore, the company has 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 world's largest economy if approved. Although Revolut is targeting a record-breaking IPO, a source close to the fintech firm noted that no formal valuation has been decided upon, according to the Financial Times.