British crypto-friendly fintech agency Revolut notified buyers that it was focusing on a valuation of up to $200 billion in its inventory market itemizing, the Financial Times reported on Tuesday.
Europe’s largest fintech agency just lately stated it will not search a list earlier than 2028 and that it had not laid out any formal valuation targets, following a share sale in November final 12 months which valued the corporate at $75 billion.
Revolut had mentioned a possible valuation of $150 billion to $200 billion in a future preliminary public providing (IPO) with buyers, based on the FT’s report, citing sources accustomed to the matter.
Media studies have additionally stated that Revolut, which received a full U.K. banking license in Marchis making ready for a secondary share sale in the second half of 2026, with expectations of a $100 billion valuation put up sale.
Co-founder Nik Storonsky stated in December that his stake could be price about $80 billion within the firm if it reached a $200 billion valuation.
In 2025, Revolut’s pre-tax revenue surged 57% to 1.7 billion kilos ($2.3 billion), a smaller acquire than the earlier 12 months’s almost 150% improve.
In March, Revolut also applied for a banking licence with the Workplace of the Comptroller of the Forex (OCC), which, if accepted, would permit the London-based fintech to function extra like a standard financial institution on the earth’s largest financial system.
Whereas Revolut is focusing on a record-breaking IPO, a supply near fintech stated no formal valuation has but been determined, based on FT.
Revolut didn’t instantly reply to a CoinDesk request for affirmation.
