According to a report by the Financial Times, Revolut, a UK-based fintech firm with a strong focus on cryptocurrency, is aiming for a valuation of up to $200 billion in its upcoming stock market listing. This news comes after the company's $75 billion share sale in November last year. Although Revolut has stated it will not pursue a listing before 2028 and has not set formal valuation targets, sources 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 expected valuation of $100 billion 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 57% increase to 1.7 billion pounds, or $2.3 billion. The company has also applied for a US banking license, which would enable it to operate more like a traditional bank in the US.
While Revolut is working towards a record-breaking IPO, a source close to the company notes that no formal valuation has been decided upon.