Revolut Sets Sights on $200 Billion IPO Valuation

Revolut, a prominent British fintech firm known for its crypto-friendly approach, has informed investors of its goal to achieve a valuation of up to $200 billion in its forthcoming stock market listing, as reported 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, it has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors for a future initial public offering. The company, which obtained a full UK banking license in March, is allegedly 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 Revolut reaches the target valuation of $200 billion. In 2025, the company's pre-tax profit increased by 57% to 1.7 billion pounds, or $2.3 billion. Additionally, Revolut has applied for a banking license with the Office of the Comptroller of the Currency, which would enable the London-based fintech to operate more like a traditional bank in the US. While Revolut aims for a record-breaking IPO, a source close to the company notes that no formal valuation has been decided upon, according to the Financial Times.