Revolut, a UK-based fintech firm known for its crypto-friendly stance, is reportedly aiming for a valuation of up to $200 billion in its upcoming stock market listing, as stated in a report by the Financial Times. This news comes after the company's $75 billion share sale last November.
Although Revolut has stated that it will not pursue a listing before 2028 and has not formally established any valuation targets, discussions with investors have hinted at a potential valuation range of $150 billion to $200 billion for its initial public offering. Additionally, the company is said to be preparing for a secondary share sale in the latter half of 2026, with anticipated valuations reaching $100 billion post-sale.
Co-founder Nik Storonsky's stake in the company would be worth approximately $80 billion if Revolut achieves the projected $200 billion valuation. The firm's pre-tax profit experienced a 57% increase to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth compared to the previous year's nearly 150% surge. Furthermore, Revolut has applied for a banking license with the US Office of the Comptroller of the Currency, which would enable the company to operate more like a traditional bank in the global economy's largest market.
While Revolut is striving for a record-breaking IPO, sources close to the fintech company indicate that no formal valuation has been decided upon yet.