"Revolut's co-founder and CEO, Nik Storonsky, last week said that the company's IPO was at least 'two years away,' according to Bloomberg."
"According to Pitchbook and the Financial Times, the company is working on another secondary share sale, scheduled for the second half of 2026, that would value it at more than $100 billion."
"Revolut reported revenue of $6 billion in the financial year ended December 31, 2025, up from $4 billion in 2024. The company's net profit grew to $1.7 billion, up from $1 billion in 2024."
"Founded in 2015, Revolut offers a range of services spanning multi-currency accounts, payment and transfer services, crypto products, insurance, and more."
Revolut is preparing for an initial public offering with a target market cap of $150 billion to $200 billion. The company was recently valued at $75 billion, up from $45 billion in 2024. CEO Nik Storonsky indicated that the IPO is at least two years away. A secondary share sale is planned for late 2026, potentially valuing the company over $100 billion. Revolut reported $6 billion in revenue for 2025, with a net profit of $1.7 billion and 68.3 million retail customers.
Read at TechCrunch
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