Revolut, the innovative British neobank, is setting its sights on a significant valuation increase as it prepares for an eventual public offering. According to reports from the Financial Times, the company hopes to achieve a market capitalization ranging from $150 billion to $200 billion during its IPO.
Having recently secured a full banking license in the United Kingdom after a lengthy process, Revolut was valued at $75 billion in a recent secondary share sale, a substantial rise from its previous valuation of $45 billion in 2024. This positions Revolut among Europe's most valuable private technology firms.
Nik Storonsky, co-founder and CEO of Revolut, indicated last week that the company's IPO is at least "two years away." Meanwhile, insights from Pitchbook and the Financial Times suggest that Revolut is planning another secondary share sale in the latter half of 2026, which could elevate its valuation to over $100 billion.
As of November 2025, Revolut had amassed a total of $5.89 billion in funding, with reported revenues reaching $6 billion for the financial year ending December 31, 2025, marking an increase from $4 billion in 2024. The company also saw its net profit rise to $1.7 billion, up from $1 billion the previous year, and boasted a customer base of 68.3 million retail clients by the end of 2025.
Founded in 2015, Revolut provides a diverse array of services, including multi-currency accounts, payment solutions, cryptocurrency products, and insurance. The neobank is actively investing in its international expansion and has recently applied for a banking license in the United States.
In addition to its U.K. operations, Revolut holds a banking license in the European Union and has a presence in Australia, Japan, New Zealand, Singapore, Brazil, and the U.S. The company launched its services in India last October, is set to begin operations in Colombia this year, and has also secured a banking license in Mexico.
