A month after obtaining its banking license in the UK, following a four-year wait, fintech Revolut is already preparing for the highest flight in its history. According to the Financial Times , the company plans to go public in 2028 and aims for a market value of up to US$200 billion.
“We are a bank, and for a bank, it’s extremely important to have trust. Publicly traded companies inspire more trust than privately held companies,” said Nik Storonsky, CEO of Revolut.
According to a long-standing agreement, the founder's stake in the company could increase from the current 25% to 40% if Revolut reaches a market value of US$200 billion. In other words, it would make him a man with a net worth of US$80 billion. But it won't be easy.
The most recent investment round, in November 2025, valued Revolut at US$75 billion, compared to US$45 billion in 2024. The company attracted new shareholders, such as the chip giant Nvidia.
In September 2025, NeoFeed spoke with Storonsky in London, who discussed the fintech company's global strategy to challenge financial industry giants like JP Morgan and Morgan Stanley.
“We invest in products all the time and sooner or later our products will be far superior to any local bank in any country. It’s impossible to compete [with Revolut],” he said at the time.
In the short term, Revolut is preparing for a new secondary share offering to allow its investors, such as venture capital firms Balderton Capital and Index Ventures, to sell part of their stakes, which have appreciated significantly.
Sources familiar with the matter said the group was preparing the groundwork for a secondary share offering in the second half of this year, which they said would value the company at over $100 billion.
Since its creation in 2015, Revolut has become the most valuable startup in Europe. Last year, profits increased by 57%, reaching £1.7 billion. Revenue for the period was £4.5 billion.
This significant increase in results was due to a 67% growth in revenue from users who subscribed to their premium services.
Investors believe that the recent acquisition of a banking license in the United Kingdom will be vital to the fintech's growth strategy.
The license will allow Revolut to receive deposits directly from customers, which can then be used to offer loans, a crucial segment for entering lucrative markets dominated by large banks.
Executives also believe that obtaining a license from their country's regulatory body will increase their chances of securing accreditation in other countries. In March, Revolut applied for a banking license in the United States.
The request came two months after Nubank received approval to operate as a bank in the American market. Other European institutions, such as the British fintech OakNorth and the Dutch Bunq, are also seeking a banking license.
The Revolut app allows users to make payments, trade assets, and hold money, competing with traditional banks for retail and business customers.
The company aims to increase its global retail customer base to 100 million by mid-2027. Currently, it stands at 70 million.
Although it holds a dominant position in Europe, Revolut has been expanding into the Americas. It already operates in Brazil and recently launched banking operations in Mexico and is in the final stages of the licensing process in Colombia.
The company has allocated $500 million to support its growth in the United States, out of a global expansion budget of $13 billion for the next five years.
