Revolut aims to reach valuation of up to $200bn before going public - FT
A successful stock offering will make Revolut's founder one of the richest people in the world
Revolut says it has no plans to become a public company in the next two years / Photo: revolut.com
Fintech startup Revolut is seeking to increase its valuation by 2-2.5 times - up to $200 billion - before going public, the Financial Times writes, citing investors familiar with the company's plans.
Revolut says it does not aim to become a public company in the next two years. But Revolut investors and employees told the Financial Times that executives have discussed with the team and with some investors a target valuation in the range of $150 billion to $200 billion. A formal target valuation has not yet been set, one of the people who spoke to the publication said. Revolut declined to comment.
Revolut's valuation skyrocketed in the latest deal, which included Nvidia's venture capital arm. While in 2024 the startup was valued at $45 billion, in November 2025 it was already valued at $75 billion. In the short term, Revolut may hold a new share sale to allow some investors to sell some of their stakes, the FT writes. According to the publication's sources, the deal could take place in the second half of the year, and Revolut could be valued at more than $100 billion.
Context
Revolut founder Nicholas Storonsky said in an interview with The David Rubenstein Show on Bloomberg that the company will do an IPO, but not until 2028. "We are a bank, and for a bank, trust is extremely important. Public companies are trusted more than private companies," Storonsky explained his desire to go public.
A successful flotation would make Storonsky one of the richest people in the world, the FT notes. Forbes now estimates his fortune at $18.8 billion. His incentive package works similarly to Elon Musk's remuneration at Tesla and is linked to the growth of the company's value.
In an interview with YouTube channel This is Ossetian in 2025, Storonsky said his stake in Revolut has grown from 25% to 29% of shares from 2024, and will rise to 40% when it reaches a valuation of $200 billion. In that case, his stake would be worth $80 bln.
This article was AI-translated and verified by a human editor
