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.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.
