Revolut, a UK-based fintech firm known for its crypto-friendly approach, has informed investors that it aims to achieve 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 after its $75 billion share sale in November, the company has reportedly 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. The company's co-founder, Nik Storonsky, has mentioned that his stake would be worth around $80 billion if the company reaches the $200 billion valuation mark. 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 like a traditional bank in the US if approved.
Although Revolut is targeting a record-breaking IPO, a source close to the fintech firm stated that no formal valuation has been decided upon, according to the Financial Times.