Fintech startup Revolut is eyeing a valuation as high as $200 billion for its eventual initial public offering. The company was most recently valued at $75 billion in a secondary share sale.
Revolut's IPO ambitions come after securing a full banking license in the U.K. in March, marking a significant regulatory milestone following years of pursuit.
The London-based fintech has become one of Europe's most valuable startups by offering digital banking, currency exchange, and investment services. The jump from a $75 billion valuation to a potential $200 billion IPO target signals management confidence in the company's growth trajectory and market potential.
The banking license represents a turning point for Revolut, removing a major regulatory hurdle that had previously limited its expansion in key markets. With full banking credentials, the company can offer services with greater credibility and access to additional revenue streams.
No timeline has been announced for the IPO. The company continues to expand its user base and service offerings across Europe and beyond, positioning itself as a challenger to traditional banks in the digital finance space.
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