▼ Summary
– Revolut is targeting a market capitalization of $150–200 billion for a future IPO, according to a Financial Times report.
– The company was most recently valued at $75 billion and is planning a secondary share sale in late 2026 that would value it above $100 billion.
– CEO Nik Storonsky stated that an initial public offering is at least two years away.
– In the 2025 financial year, Revolut reported $6 billion in revenue and $1.7 billion in net profit, with 68.3 million retail customers.
– The neobank holds banking licenses in the U.K. and EU, operates in numerous countries, and is expanding, including applying for a U.S. banking license.
The British neobank Revolut is reportedly setting its sights on a monumental valuation for its eventual stock market debut. According to a recent Financial Times report citing investor sources, the fintech giant is aiming for a market capitalization between $150 billion and $200 billion in a future initial public offering. This ambitious target represents a significant leap from its last private valuation.
Revolut’s most recent secondary share sale valued the company at approximately $75 billion, a substantial increase from its $45 billion valuation in 2024. This figure solidified its position as one of Europe’s most valuable private technology firms. The company’s path to a public listing, however, remains on a defined timeline. Co-founder and CEO Nik Storonsky indicated last week that an IPO is still at least two years away.
Before any public offering, the company is preparing for another significant financial milestone. Reports from PitchBook and the Financial Times note Revolut is organizing a further secondary share sale slated for the latter half of 2026, which is expected to value the business at over $100 billion. This move would provide another benchmark ahead of a potential IPO.
The company’s financial performance underscores its rapid growth. For the financial year ending December 31, 2025, Revolut reported revenue of $6 billion, a jump from $4 billion the previous year. Its net profit also saw strong growth, rising to $1.7 billion from $1 billion in 2024. By the end of last year, the platform served 68.3 million retail customers. Since its 2015 founding, Revolut has raised a total of $5.89 billion in funding.
Revolut’s product suite has expanded far beyond its origins, now encompassing multi-currency accounts, international payments, cryptocurrency trading, and insurance. A major component of its strategy involves aggressive international expansion, supported by significant investment. A key achievement was securing a full UK banking license in March of this year, a process that took several years.
The company’s global footprint is extensive. It holds banking licenses in the European Union and the United Kingdom, and operates in numerous markets including Australia, Japan, Singapore, Brazil, and the United States. Its growth trajectory continues with recent market entries and regulatory approvals. Revolut launched operations in India last October, is preparing to begin services in Colombia imminently, and has already obtained a banking license in Mexico. Furthermore, the firm has applied for a banking license in the United States, a move that would significantly bolster its presence in a crucial market. The company declined to comment on the IPO valuation reports.
(Source: TechCrunch)
