Revolut, the British neobank, is targeting a valuation of up to $200 billion when it eventually goes public, according to anonymous investor sources cited by the Financial Times. The company is eyeing a market cap between $150 billion and $200 billion in its initial public offering.

This valuation represents a significant jump from Revolut's current worth, which stands at around $75 billion following a secondary share sale last year. The fintech giant was valued at $45 billion in 2024, making it one of Europe's most valuable private tech companies. In preparation for its eventual listing, Revolut is working on another secondary share sale, scheduled for the second half of 2026, which would value it at over $100 billion.

Revolut has already raised a significant amount of capital in recent years, with total funding reaching $5.89 billion as of November 2025. This investment has driven the company's growth, with revenue increasing to $6 billion in the financial year ended December 31, 2025, up from $4 billion in 2024.

The neobank's expansion plans are gaining momentum, with Revolut having secured banking licenses in several key markets, including the UK, EU, Australia, Japan, New Zealand, Singapore, Brazil, and Mexico. The company has also launched operations in India last October and is set to start operating in Colombia this year. This international expansion has been made possible by significant investment in its operations.

Revolut's decision to target a major valuation bump through its IPO reflects the fintech giant's ambition to become a leading player in the global financial sector. With its wide range of services spanning multi-currency accounts, payment and transfer services, crypto products, insurance, and more, Revolut is well-positioned to take advantage of growing demand for digital banking solutions. However, the company has declined to comment on its IPO plans, leaving investors to wait with bated breath for further developments.

Revolut's co-founder and CEO, Nik Storonsky, has previously stated that the company's IPO is at least two years away. The fintech giant has been pouring large amounts of cash into expanding its services globally, which has helped drive revenue growth and increased its valuation. With a significant presence in several key markets, Revolut is well-positioned to capitalise on growing demand for digital banking solutions.