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

Revolut, a leading British fintech firm known for its crypto-friendly approach, has set its sights on a valuation of up to $200 billion for its upcoming stock market listing, as reported by the Financial Times. This news comes after the company's recent $75 billion share sale and its announcement that it would not pursue a listing before 2028. Although Revolut has not formally established valuation targets, it has discussed potential valuations between $150 billion and $200 billion with investors for a future initial public offering. The company, which obtained a full UK banking license in March, is reportedly preparing for a secondary share sale in the latter half of 2026, with expectations of achieving a $100 billion valuation post-sale. Notably, co-founder Nik Storonsky's stake in the company would be worth approximately $80 billion if Revolut reaches the targeted $200 billion valuation. In 2025, the company's pre-tax profit saw a 57% increase 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 is targeting a record-breaking IPO, a source close to the fintech firm states that no formal valuation has been decided upon, according to the Financial Times.