Revolut eyes $150B-$200B valuation in eventual IPO

British fintech giant Revolut is targeting a valuation between $150 billion and $200 billion when it eventually goes public, according to a Financial Times report citing investor sources. The London-based neobank, which secured a full U.K. banking license in March after years of waiting, was most recently valued at $75 billion in a secondary share sale. That marked a jump from its $45 billion valuation in 2024, making Revolut one of Europe's most valuable private technology companies. Revolut's co-founder and CEO Nik Storonsky said last week that an initial public offering remains at least two years away, Bloomberg reported. The company is also working on another secondary share sale scheduled for the second half of 2026 that would value it above $100 billion, according to PitchBook and the Financial Times. The company reported $6 billion in revenue for the financial year ended December 31, 2025, up from $4 billion the previous year. Net profit rose to $1.7 billion from $1 billion, while retail customer count reached 68.3 million by year-end 2025. Founded in 2015, Revolut has raised $5.89 billion total as of November 2025. The company offers multi-currency accounts, payment services, crypto products and insurance, and is expanding internationally with recent banking license applications in the United States and operations launched in India last October.