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

Revolut, a leading British fintech firm with a strong presence in the crypto space, has informed investors that it is striving for 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, the company is reportedly eyeing a significant IPO. This comes after a share sale in November that valued the company at $75 billion. Sources familiar with the matter have indicated that Revolut has discussed a potential valuation range of $150 billion to $200 billion with investors. Additionally, the company is said to be preparing for a secondary share sale in the second half of 2026, with expectations of reaching a $100 billion valuation post-sale. Co-founder Nik Storonsky's stake in the company would be worth approximately $80 billion if Revolut achieves a $200 billion valuation. The company's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025. Furthermore, Revolut has applied for a banking license with the Office of the Comptroller of the Currency, which would enable the London-based fintech to operate more like a traditional bank in the US. Although Revolut is targeting a record-breaking IPO, a source close to the fintech firm notes that no formal valuation has been decided upon, according to the Financial Times.