Revolut Sets Sights on $200 Billion IPO Valuation

Revolut, a UK-based fintech firm known for its crypto-friendly services, has informed investors that it is aiming for a valuation of up to $200 billion in its upcoming stock market listing, as reported by the Financial Times. This move 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 valuation targets, it has reportedly discussed a potential valuation range of $150 billion to $200 billion with investors. The company is also preparing for a secondary share sale in the second half of 2026, with expected valuation of $100 billion post-sale. Co-founder Nik Storonsky's stake in the company would be worth approximately $80 billion if Revolut reaches the target valuation of $200 billion. 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 in the US, which would enable it to operate like a traditional bank if approved. While the company is targeting a record-breaking IPO, a source close to the matter notes that no formal valuation has been decided upon yet.