UK's Revolut eyes up to $200 billion valuation in IPO: Report

Synopsis

British finance app Revolut is targeting a valuation of up to $200 billion for its stock market debut. The company, Europe's most valuable fintech firm, has not set formal valuation targets but discussed figures between $150 billion and $200 billion internally. Revolut also plans a secondary share sale in late 2026, expecting a $100 billion valuation then.

British finance app Revolut told investors that ​it was aiming ​for a valuation of up to $200 billion ​in its stock market listing, the Financial Times reported on Tuesday, citing members briefed by Revolut on its plans.

Revolut declined ‌to comment ⁠when ⁠contacted by Reuters for confirmation on the valuation.

Europe's most valuable ​financial technology firm had said that it will not seek ​a listing before 2028 and that it had not laid out any formal valuation targets, following ​a share sale in November last ⁠year which ‌valued the company at $75 billion.

Here ​are ​some other details:

According to the ⁠FT, investors and people at Revolut had internally ​discussed a potential valuation of $150 billion ​to $200 billion in the future IPO.

Media reports have also said that Revolut, which received a full UK banking license in March, is also preparing for a secondary share sale in ‌the second half of 2026, with expectations of a $100 billion valuation post sale.

​Cofounder Nik ​Storonsky in ⁠a Russian interview in December said that his stake would be worth about $80 billion in the company if it ​reached a $200 billion valuation.

In 2025, Revolut's pre-tax profit surged 57% to 1.7 billion pounds ($2.3 billion), a smaller gain than the previous year's nearly 150% jump.

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