British neobank Revolut is setting its sights on a potential valuation between $150 billion and $200 billion during an eventual initial public offering (IPO), according to the Financial Times. The company recently secured a full banking license in the UK, bolstering its status as a fintech giant.

Revolut's co-founder and CEO, Nik Storonsky, has stated that their IPO is at least two years away, but the firm is already planning another secondary share sale slated for later this year, which could value it at over $100 billion. As of November 2025, Revolut had raised a total of $5.89 billion and reported revenue of $6 billion for the financial year ending in December 31, 2025, up from $4 billion in 2024.

The company's rapid growth is fuelled by its diverse range of services including multi-currency accounts, payment and transfer services, crypto products, insurance, and more. Revolut has been expanding internationally with banking licenses granted in the UK, EU, Australia, Japan, New Zealand, Singapore, Brazil, the U.S., India, Colombia and Mexico.

Despite its impressive growth, Revolut remains tight-lipped about the details of their IPO plans. However, the company's ambitious expansion plans suggest they are well-positioned to maintain their status as a major player in the global fintech market.