Revolut Sets Sights on $200 Billion IPO Following $75 Billion Share Sale

According to a report by the Financial Times, British fintech company Revolut has informed investors that it is aiming for a valuation of up to $200 billion in its impending stock market listing. 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 latter half of 2026, with expectations of achieving a $100 billion valuation post-sale. In December, co-founder Nik Storonsky mentioned that his stake in the company would be worth approximately $80 billion if Revolut reaches a $200 billion valuation. The company's pre-tax profit experienced a 57% surge to 1.7 billion pounds ($2.3 billion) in 2025, which is a slower growth compared to the nearly 150% increase in the previous year. 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. While Revolut is targeting a record-breaking IPO, a source close to the fintech firm stated that no formal valuation has been decided upon yet, according to the Financial Times.