Revolut targets higher IPO valuation after $75 billion share sale
Revolut is weighing a future stock market debut at a valuation of as much as $200 billion as the fintech group expands its banking ambitions in the UK and U.S. The company says it does not plan to list before 2028, even as investor discussions point to a possible valuation range well above its last private share sale.
Highlights
- Revolut targets a $150 billion to $200 billion IPO valuation, significantly above its $75 billion valuation from a November 2023 share sale.
- Revolut plans a secondary share sale in H2 2026 that could value the firm at about $100 billion post-transaction, with IPO not before 2028.
- Revolut's pre-tax profit rises 57% to £1.7 billion ($2.3 billion) in 2025, following the award of a full UK banking license in March.
IPO plans and valuation discussions
As reported by the Financial Times, Revolut has told investors it is targeting a valuation of $150 billion to $200 billion in a future initial public offering, citing people familiar with the matter. The London-based fintech has recently said it will not seek a listing before 2028 and has not set any formal valuation target.The prospective range marks a sharp step up from the company’s November share sale, which valued Revolut at $75 billion. Separate media reports also say Revolut is preparing a secondary share sale in the second half of 2026 that could value the business at about $100 billion after the transaction.
While the company is pursuing what could become a record-setting fintech listing, a source close to the business says no formal valuation has yet been decided, according to the FT. Revolut does not immediately respond to a request from CoinDesk for confirmation.
Banking expansion and profit growth
Revolut receives a full UK banking license in March and in the same month applies for a banking licence with the Office of the Comptroller of the Currency. If approved, the U.S. application would let the company operate more like a traditional bank in the world’s largest economy.The fintech’s financial growth also underpins investor interest, although the pace has moderated from the previous year. In 2025, Revolut’s pre-tax profit rises 57% to 1.7 billion pounds, or about $2.3 billion, after nearly 150% growth a year earlier.
Co-founder Nik Storonsky says in December that his stake would be worth about $80 billion if the company reaches a $200 billion valuation. That scale would place Revolut among the most highly valued financial technology groups globally and raise the stakes for its eventual public market debut.
In our earlier article on Robinhood (HOOD), we examined how director Baiju Bhatt’s insider share sale and new restrictions on high-risk event contracts added near-term downside pressure to the stock. We also highlighted that, despite the broader uptrend, overbought signals pointed to a likely consolidation range, with $86 as key support and $91 as pivotal resistance ahead of earnings.
- Forex
- Crypto