Revolut targets a $200 billion IPO just months after its $75 billion share sale
Summary
Revolut, Europe's largest fintech firm, has reportedly informed investors of a potential valuation target of $150 billion to $200 billion for a future initial public offering. While the company stated it does not plan to list before 2028, these discussions follow a November share sale that valued the firm at $75 billion. Recently, the company secured a full U.K. banking license and is seeking further expansion into the U.S. market via an OCC banking license application. Despite reports of a $200 billion goal, official sources maintain that no formal valuation has been finalized.
(Source:CoinDesk)