Revolut Eyes $200 Billion Valuation in Anticipated IPO

Revolut, a UK-based fintech firm with a strong presence in the crypto space, has informed investors that it is aiming 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 allegedly discussed a potential valuation range of $150 billion to $200 billion with investors. Recent media reports suggest that Revolut, which obtained a full UK banking license in March, is preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale. Co-founder Nik Storonsky's stake in the company would be worth approximately $80 billion if the company reaches the targeted $200 billion valuation. In 2025, Revolut's pre-tax profit saw a 57% increase to 1.7 billion pounds ($2.3 billion), which is a slower growth compared to the previous year's nearly 150% surge. Additionally, the company has applied for a US banking license, which would enable it to operate more like a traditional bank in the global economy. Although Revolut is targeting a record-breaking IPO, sources indicate that no formal valuation has been decided upon yet.