Revolut Eyes Massive $200 Billion Valuation for 2028 IPO Launch

22-Apr-2026 Blockonomi

Key Highlights

  • Revolut has set an ambitious IPO valuation target of up to $200 billion, with no public listing planned before 2028
  • The fintech giant’s most recent valuation stood at $75 billion following a November 2025 secondary share transaction
  • An anticipated secondary share offering in late 2026 may value the company at approximately $100 billion
  • The company secured a comprehensive U.K. banking license in March and submitted an application for U.S. banking authorization
  • Pre-tax profits climbed 57% to reach £1.7 billion during 2025

Revolut, the prominent British fintech enterprise recognized for its cryptocurrency offerings and digital banking solutions, has informed prospective investors that it’s pursuing a valuation as high as $200 billion for an upcoming public market debut, according to an April 21 Financial Times report.

The organization’s most recent valuation reached $75 billion through a secondary share transaction completed in November 2025. The newly announced target would signify a remarkable 125% valuation jump in under half a year.

Revolut has presented a valuation bandwidth spanning $150 billion to $200 billion during investor communications regarding its forthcoming IPO. Company leadership has committed to postponing any public market entry until at least 2028.

Prior to the anticipated public offering, Revolut is reportedly organizing an additional secondary share sale scheduled for the latter portion of 2026. This intermediate transaction could establish the company’s worth at roughly $100 billion.

According to a Financial Times source familiar with internal discussions, no definitive valuation has been established. Revolut representatives declined to verify the specific figures when approached for commentary.

Co-founder Nik Storonsky revealed in December that his personal ownership position would be valued at approximately $80 billion should the company achieve its $200 billion valuation objective.

Financial Performance and Regulatory Milestones

Revolut delivered pre-tax profits totaling £1.7 billion throughout 2025, representing a 57% year-over-year expansion. This growth trajectory represents a deceleration compared to the previous year’s nearly 150% profit surge.

During March 2026, Revolut obtained a complete banking license from United Kingdom regulatory authorities, concluding a multi-year approval process.

The organization simultaneously filed for a U.S. banking license through the Office of the Comptroller of the Currency in March. Regulatory approval would enable Revolut to function as a conventional banking institution throughout American markets.

Established in 2015, Revolut provides an array of financial services encompassing international money transfers, foreign exchange, and digital asset trading. The platform has evolved into Europe’s highest-valued startup enterprise.

Evolution from Launch to Worldwide Operations

The organization has executed expansion initiatives across numerous international markets while consistently building its user population since inception.

Venture capital firms and private equity investors have continuously supported the company throughout its tenure as a privately-held entity.

The $200 billion valuation target, if accomplished during the public offering, would position Revolut among the most highly-valued fintech enterprises in IPO history.

Revolut has yet to disclose its preferred stock exchange venue or provide detailed timing beyond the 2028 target framework.

The company’s latest strategic development involves its March 2026 U.S. banking license submission, which continues undergoing OCC regulatory assessment.

The post Revolut Eyes Massive $200 Billion Valuation for 2028 IPO Launch appeared first on Blockonomi.

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