Revolut, a UK-based fintech firm with a strong presence in the crypto space, has reportedly informed investors that it aims to achieve a valuation of up to $200 billion in its upcoming initial public offering, as stated in a report by the Financial Times. Despite recently stating that it would not pursue a listing before 2028 and had not established formal valuation targets, the company had previously discussed a potential valuation range of $150 billion to $200 billion with investors. This news comes after Revolut's share sale in November, which valued the company at $75 billion. Additionally, the firm is said to be preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale.
In other developments, Revolut's co-founder Nik Storonsky's stake in the company would be worth around $80 billion if the company reaches the targeted $200 billion valuation. The company's pre-tax profit saw a 57% increase to 1.7 billion pounds in 2025.
Furthermore, Revolut has applied for a banking license in the US, which would enable it to operate more like a traditional bank. Although Revolut is aiming for a record-breaking IPO, a source close to the company notes that no formal valuation has been decided upon yet.