The UK-based fintech firm Revolut 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 after its $75 billion share sale in November, the company has discussed a potential valuation range of $150 billion to $200 billion with investors. Reports suggest that Revolut, which obtained a full UK banking license in March, is preparing for a secondary share sale in the latter half of 2026, with anticipated valuation of $100 billion post-sale. Co-founder Nik Storonsky's stake is expected to 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. Additionally, the company has applied for a banking license with the Office of the Comptroller of the Currency, which would enable it to operate like a traditional bank in the US if approved. Although Revolut is targeting a record-breaking IPO, sources indicate that no formal valuation has been decided upon yet.