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

Revolut, a leading British fintech firm with a strong presence in the crypto space, has informed investors that it is aiming for a valuation of up to $200 billion in its upcoming initial public offering, as reported by the Financial Times. Despite stating that it would not pursue a listing before 2028 and had not established formal valuation targets after its $75 billion share sale in November, the company has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. Additionally, Revolut is said to be preparing for a secondary share sale in the second half of 2026, with expectations of achieving a $100 billion valuation post-sale. The company's co-founder, Nik Storonsky, has stated that his stake in the company would be worth around $80 billion if Revolut reaches a $200 billion valuation. In 2025, the company's pre-tax profit saw a 57% increase to 1.7 billion pounds, or $2.3 billion. Furthermore, Revolut has applied for a banking license in the US, which would enable it to operate more like a traditional bank. Although the company is targeting a record-breaking IPO, a source close to the matter has indicated that no formal valuation has been decided upon.