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Revolut eyes valuation of up to $200B in eventual IPO
British neobank Revolut is targeting a valuation of up to $200 billion in its future initial public offering (IPO), aiming for a market cap higher than its current $75 billion valuation. The company plans a secondary share sale in 2026 and has experienced significant revenue growth, raising a total of $5.89 billion by 2025 and reporting a net profit of $1.7 billion.
Key points
- Revolut aims for a market valuation between $150 billion and $200 billion in its IPO, expected in at least two years.
- Current valuation is $75 billion, increased from $45 billion in 2024.
- Secondary share sale planned for the second half of 2026, potentially increasing valuation above $100 billion.
- In 2025, Revolut's revenue rose to $6 billion with a net profit of $1.7 billion and 68.3 million customers.
- The company secured a full banking license in the UK and has licenses in the EU, Australia, Japan, New Zealand, Singapore, Brazil, and the USA.
Why it matters
- The rise of fintech and digital banks reflects a broader trend in the finance sector, moving away from traditional banking.
- Revolut’s IPO plans come amid increasing valuations in the European tech scene, indicating investor confidence in tech startups.
- The expansion efforts into new markets align with trends of globalization in finance and technology by 2025.
Revolut's ambitious IPO plans and expansion strategy signify a transformative period for fintech companies, as they aim to capitalize on growing consumer demand for digital banking solutions.