Revolut, a UK-based fintech firm known for its crypto-friendly approach, has set its sights on 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 has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors.
This news comes after a share sale in November that valued the company at $75 billion. Additionally, Revolut is said to be preparing for a secondary share sale in the latter half of 2026, with expectations of reaching a $100 billion valuation post-sale. The company's co-founder, Nik Storonsky, has stated that his stake in the company would be worth approximately $80 billion if Revolut achieves a $200 billion valuation. In 2025, the company saw a 57% increase in pre-tax profits, reaching 1.7 billion pounds ($2.3 billion).
Furthermore, Revolut has applied for a banking license in the US, which would enable it to operate more like a traditional bank. Although targeting a record-breaking IPO, a source close to the fintech firm notes that no formal valuation has been decided upon.