Revolut Aims for Historic $200 Billion IPO Following $75 Billion Share Sale

UK-based fintech firm Revolut has informed investors of its goal to achieve 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 set formal valuation targets after its $75 billion share sale in November, Revolut has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. The company, which obtained a full UK banking license in March, is also expected to conduct a secondary share sale in the second half of 2026, with a projected valuation of $100 billion. In December, co-founder Nik Storonsky mentioned that his stake in the company would be worth around $80 billion if Revolut reaches a $200 billion valuation. The fintech firm saw a 57% increase in pre-tax profit to 1.7 billion pounds ($2.3 billion) in 2025. Additionally, Revolut has applied for a US banking license, which would enable it to operate like a traditional bank in the US if approved. Although targeting a record-breaking IPO, a source close to the company stated that no formal valuation has been decided upon, according to the Financial Times.