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

Revolut, a leading British fintech firm with a strong presence in the crypto space, 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 move comes after the company's recent share sale in November, which valued the business at $75 billion. Although Revolut has stated that it will not pursue a listing before 2028 and has not formally established any valuation targets, discussions with investors have reportedly centered around a potential valuation range of $150 billion to $200 billion for a future initial public offering. Furthermore, the company is allegedly preparing for a secondary share sale in the latter half of 2026, with expectations of achieving a $100 billion valuation post-sale. In December, co-founder Nik Storonsky estimated that his stake in the company would be worth approximately $80 billion if Revolut reaches a valuation of $200 billion. The company's pre-tax profit experienced a 57% surge to 1.7 billion pounds ($2.3 billion) in 2025, marking a slower growth rate compared to the previous year's nearly 150% increase. 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 world's largest economy if approved. Despite targeting a record-breaking IPO, a source close to the fintech firm noted that no formal valuation has been decided upon, according to the Financial Times.