Investors in Revolut are setting their sights on a staggering $100 billion price tag as the fintech giant prepares for a new secondary share sale in the second half of 2026. This move comes as the company builds momentum toward its highly-anticipated public market debut, with early discussions already underway to attract fresh capital from new investors.
Valuation Surge and Investor Interest
Last year, Revolut solidified its position with a $75 billion valuation following a successful secondary share sale. That transaction notably included strategic investment from chipmaker Nvidia through its venture capital arm, NVentures. This marked a significant leap from just twelve months prior, when the firm was valued at $45 billion during a share purchase by Coatue, D1 Capital Partners, and Tiger Global from company staff.
IPO Ambitions and Market Speculation
According to reports from Bloomberg, the proposed new funding round is fueling intense speculation about Revolut's future as a public entity. Sources indicate that the company is targeting a valuation of at least $150 billion for its initial public offering (IPO), highlighting ambitious growth expectations in the competitive fintech landscape.
London Listing Challenges and Wall Street Preference
Despite high hopes in the City of London for a local listing or a dual listing, Revolut's chief executive, Nik Storonsky, has consistently expressed reservations. In a Russian-language interview last December, Storonsky stated that a public listing is "not a priority" and would likely occur in "two or three years." He emphasized that Wall Street offers "greater liquidity" and would be "clearly more beneficial" for the company, dealing a blow to UK Treasury efforts to retain the fintech leader.
Political and Regulatory Hurdles
Chancellor Rachel Reeves has actively engaged with Revolut, joining Storonsky last September to inaugurate the firm's new global headquarters in Canary Wharf. During the event, Revolut committed to a £3 billion investment in the UK. Reeves also attempted to facilitate a meeting between Revolut and regulators to assist in securing a full UK banking licence, but this effort was reportedly blocked by Bank of England Governor Andrew Bailey over concerns about political interference in regulatory processes.
The evolving dynamics underscore the complex interplay between corporate strategy, investor expectations, and regulatory frameworks as Revolut navigates its path toward a landmark public offering.
