TLDR
- Revolut aims for a $150 billion to $200 billion valuation when it goes public, targeting an IPO in 2028 or later
- The fintech company’s valuation stood at $75 billion during its most recent share sale in November 2025
- Plans include a secondary share offering in late 2026 that could reach a $100 billion valuation
- The company secured a complete U.K. banking license in March and is pursuing U.S. banking authorization
- Pre-tax earnings jumped 57% to £1.7 billion throughout 2025
British digital banking powerhouse Revolut has informed potential investors that it’s pursuing a valuation approaching $200 billion for its anticipated stock market debut, according to a Financial Times report published April 21.
The fintech platform’s most recent valuation came in at $75 billion through a secondary share transaction completed in November 2025. The newly disclosed target represents a potential 125% valuation jump in under half a year.
Revolut has engaged in conversations with investors about achieving a valuation between $150 billion and $200 billion before its public market debut. Company leadership has made clear that any IPO won’t occur prior to 2028.
Ahead of going public, the company is reportedly organizing another secondary share sale scheduled for the latter portion of 2026. Industry sources suggest this transaction could establish a valuation near $100 billion.
According to a person familiar with the matter cited in the Financial Times report, no official valuation has been finalized. When approached for commentary, Revolut declined to verify the reported numbers.
Company co-founder Nik Storonsky mentioned in December that his ownership stake would be valued at approximately $80 billion should the platform achieve its $200 billion valuation objective.
Profit Growth and Banking Licenses
Revolut posted pre-tax earnings of £1.7 billion during 2025, marking a 57% climb compared to the prior year. This growth represents a deceleration from the approximately 150% profit surge recorded in the preceding year.
March 2026 brought a significant regulatory achievement when Revolut obtained full banking authorization in the United Kingdom, concluding a multi-year application process.
The platform also submitted an application for U.S. banking authorization to the Office of the Comptroller of the Currency during March. Approval would enable Revolut to function as a conventional banking institution throughout American markets.
Established in 2015, Revolut provides an array of financial services spanning money transfers, foreign exchange, and digital asset trading. The company has ascended to become Europe’s highest-valued startup.
From Startup to Global Expansion
Since its establishment, the platform has extended its presence into numerous international markets while continuously building its user base.
Throughout its tenure as a privately held enterprise, the company has attracted investment from venture capital firms and private equity backers.
If achieved during the IPO, the $200 billion valuation would position Revolut among the most valuable fintech companies to ever enter public markets.
The company hasn’t disclosed which exchange will host its listing or provided specific timing details beyond the post-2028 framework.
Revolut’s latest major milestone came with its March 2026 U.S. banking license application, which is currently undergoing evaluation by the OCC.
