Revolut targets a $200 billion IPO just months after its $75 billion share sale

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The crypto-friendly fintech is readying its archetypal nationalist offering (IPO) nary sooner than 2028, according to an FT report.

Apr 21, 2026, 5:07 p.m.

British crypto-friendly fintech steadfast Revolut notified investors that it was targeting a valuation of up ​to $200 cardinal successful its banal marketplace listing, the ‌Financial Times reported connected Tuesday.

Europe's largest fintech steadfast precocious said ⁠it would not question a listing earlier 2028 ​and that it had not laid retired immoderate ceremonial ​valuation targets, pursuing a stock merchantability successful November past twelvemonth which valued the institution astatine $75 billion.

Revolut had ​discussed a imaginable valuation of $150 cardinal to $200 cardinal successful ‌ ⁠a aboriginal archetypal nationalist offering (IPO) with investors, according to the FT's report, citing sources acquainted with the matter.

Media reports person besides said that Revolut, which received a afloat U.K. banking licence successful March, is preparing for a secondary stock merchantability successful ​the 2nd fractional ​of 2026, ⁠with expectations of a $100 cardinal valuation station sale.

Co-founder Nik Storonsky said successful December that his ​stake ⁠would beryllium worthy astir $80 cardinal successful the institution if it reached a $200 cardinal valuation.

In 2025, Revolut's pre-tax nett ⁠surged ​57% to 1.7 cardinal pounds ($2.3 ​billion), a smaller summation than the erstwhile year's astir 150% increase.

In March, Revolut also applied for a banking licence with the Office of the Comptroller of the Currency (OCC), which, if approved, would let the London-based fintech to run much similar a accepted slope successful the world’s largest economy.

While Revolut is targeting a record-breaking IPO, a root adjacent to fintech said nary ceremonial valuation has yet been decided, according to FT.

Revolut did not instantly respond to a CoinDesk petition for confirmation.

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