April 21 (Reuters) - British finance app Revolut told investors that it was aiming for a valuation of up to $200 billion in its stock market listing, the Financial Times reported on Tuesday, citing
UK’s Revolut Targets Up to $200 Billion Valuation in Future IPO: FT Reports
Revolut’s Ambitious IPO Valuation and Financial Highlights
April 21 (Reuters) - British finance app Revolut told investors that it was aiming for a valuation of up to $200 billion in its stock market listing, the Financial Times reported on Tuesday, citing members briefed by Revolut on its plans.
Revolut declined to comment when contacted by Reuters for confirmation on the valuation.
Current Valuation and IPO Timeline
Europe's most valuable financial technology firm had said that it will not seek a listing before 2028 and that it had not laid out any formal valuation targets, following a share sale in November last year which valued the company at $75 billion.
Key Details from Financial Times Report
Here are some other details:
Internal Valuation Discussions
• According to the FT, investors and people at Revolut had internally discussed a potential valuation of $150 billion to $200 billion in the future IPO.
Secondary Share Sale Plans
• Media reports have also said that Revolut, which received a full UK banking license in March, is also preparing for a secondary share sale in the second half of 2026, with expectations of a $100 billion valuation post sale.
Co-founder’s Stake and Profit Growth
• Co-founder Nik Storonsky in a Russian interview in December said that his stake would be worth about $80 billion in the company if it reached a $200 billion valuation.
• In 2025, Revolut's pre-tax profit surged 57% to 1.7 billion pounds ($2.3 billion), a smaller gain than the previous year's nearly 150% jump.
Exchange Rate Information
($1 = 0.7399 pounds)
(Reporting by Rishab Shaju in Bengaluru; Editing by Mrigank Dhaniwala)
