Revolut Aims for $200 Billion IPO Valuation in Planned Listing

Revolut, a UK-based fintech firm known for its crypto-friendly approach, has set its sights on a potential $200 billion valuation for its initial public offering, as reported by the Financial Times. This development comes after the company's $75 billion share sale last year. Although Revolut has stated it will not pursue a listing before 2028 and has not formally established a valuation target, discussions with investors have centered around a potential valuation ranging from $150 billion to $200 billion. Additionally, the company is reportedly preparing for a secondary share sale in the latter half of 2026, with expectations of achieving a $100 billion valuation post-sale. Co-founder Nik Storonsky's stake in the company would be valued at approximately $80 billion if Revolut reaches the projected $200 billion valuation. The company's pre-tax profit experienced 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 fintech to operate more like a traditional bank in the US. While Revolut is targeting a record-breaking IPO, a source close to the company notes that no formal valuation has been decided upon.