Key Highlights
- The fintech company is aiming for a valuation between $150 billion and $200 billion ahead of a public offering planned for 2028 or later
- In November 2025, Revolut was valued at $75 billion through a secondary share transaction
- An intermediate share sale scheduled for late 2026 may establish a $100 billion valuation milestone
- The firm secured comprehensive banking authorization in the United Kingdom this March and has submitted an application for US banking privileges
- Annual profit before taxes climbed 57% to reach £1.7 billion in 2025
The British financial technology company Revolut, recognized for its cryptocurrency offerings and digital banking platform, has communicated to potential investors that it seeks a valuation as high as $200 billion for its upcoming public market debut, according to an April 21 Financial Times report.
The firm’s most recent private valuation stood at $75 billion following a November 2025 secondary share transaction. The proposed target would constitute a remarkable 125% jump in value within a span of less than half a year.
According to sources, Revolut has presented a valuation window spanning $150 billion to $200 billion during discussions with prospective investors regarding the anticipated IPO. Company leadership has confirmed it will postpone any public listing until at least 2028.
Prior to the eventual IPO, the company is reportedly preparing an additional secondary share offering slated for the latter portion of 2026. This intermediate transaction could establish the company’s worth at approximately $100 billion.
A source with knowledge of the matter told the Financial Times that no definitive valuation figure has been finalized. When approached for comment, Revolut representatives declined to verify the specific numbers.
Co-founder Nik Storonsky revealed in December that achieving a $200 billion company valuation would make his personal shareholding worth roughly $80 billion.
Financial Performance and Regulatory Milestones
Revolut disclosed pre-tax earnings of £1.7 billion for the 2025 fiscal year, representing a 57% gain compared to the prior year. While substantial, this growth pace marks a deceleration from the approximately 150% profit surge the company achieved in the preceding year.
This past March 2026, the company obtained full banking authorization in the United Kingdom, completing a regulatory process that had extended across multiple years.
Simultaneously, Revolut filed for a banking charter with the United States Office of the Comptroller of the Currency in March. Regulatory approval would enable the company to function as a chartered bank within American markets.
Established in 2015, Revolut provides an array of financial services encompassing international money transfers, foreign exchange, and digital asset trading. The platform has evolved into Europe’s highest-valued startup enterprise.
Strategic Growth and Market Position
Since its inception, the company has pursued aggressive geographic expansion and continuous customer acquisition across numerous markets.
Throughout its existence as a privately-held entity, Revolut has attracted substantial investment from venture capital firms and private equity partners.
Should the company achieve the $200 billion valuation target upon going public, it would represent one of the most valuable fintech IPOs in market history.
Revolut has yet to disclose which stock exchange will host its listing or provide additional specificity beyond the 2028 timeframe for the public offering.
The company’s most current regulatory initiative involves its March 2026 banking license application in the United States, which continues to undergo evaluation by the OCC.
