Revolut eyes valuation of up to $200B in eventual IPO

British neobank Revolut appears to be eyeing a significant valuation bump when it will definitely goes public. The corporate is focusing on a market cap between $150 billion and $200 billion in an preliminary public providing, the Monetary Occasions reported on Tuesday, citing nameless investor sources.

The fintech big, which secured a full banking license in the UK in March after years of ready, was most lately valued at $75 billion, up from $45 billion in 2024, in a secondary share sale that made it certainly one of Europe’s most respected personal tech firms.

Revolut’s co-founder and CEO, Nik Storonsky, final week mentioned that the corporate’s IPO was at the least “two years away,” in keeping with Bloomberg.

Based on PitchBook and the Monetary Occasions, the corporate is engaged on one other secondary share sale, scheduled for the second half of 2026, that may worth it at greater than $100 billion.

As of November 2025, the corporate had raised a complete of $5.89 billion, in keeping with PitchBook. Revolut reported income of $6 billion within the monetary 12 months ended December 31, 2025, up from $4 billion in 2024. The corporate’s web revenue grew to $1.7 billion, up from $1 billion in 2024, and counted 68.3 million retail clients on the finish of 2025.

Revolut declined to remark.

Based in 2015, Revolut affords a spread of companies spanning multi-currency accounts, fee and switch companies, crypto merchandise, insurance coverage, and extra. The neobank has been pouring truckloads of money into increasing its operations internationally, and lately utilized for a banking license in america.

Moreover the U.Ok., Revolut has a banking license within the European Union, and it operates in Australia, Japan, New Zealand, Singapore, Brazil, and the U.S. Revolut launched operations in India final October, is about to start out working in Colombia this 12 months, and has acquired a banking license in Mexico.