According to a report by the Financial Times, British fintech firm Revolut has informed investors that it is aiming for a valuation of up to $200 billion in its planned stock market listing. This comes after the company's $75 billion share sale in November last year. Although Revolut has stated that it will not pursue a listing before 2028 and has not set formal valuation targets, the company has discussed potential valuations between $150 billion and $200 billion with investors. Additionally, Revolut is preparing for a secondary share sale in the second half of 2026, with expected valuations of $100 billion post-sale.
The company's co-founder, Nik Storonsky, has mentioned that his stake in the company would be worth around $80 billion if Revolut reaches a $200 billion valuation. In 2025, Revolut's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. The company has also applied for a banking license with the Office of the Comptroller of the Currency, which would allow it to operate more like a traditional bank in the US if approved.
While Revolut is targeting a record-breaking IPO, a source close to the company has stated that no formal valuation has been decided yet.