Revolut Plans Next $100 Billion Share Sale as It Marches Toward a $200 Billion IPO
Revolut is planning a secondary share sale in H2 2026 that values the company above $100 billion, a roughly 33% jump from the $75 billion valuation it reached in November 2025—part of a steady climb from $45 billion i... The fintech secured its long awaited full UK banking licence on March 11, 2026, finally allowing...
Revolut is planning a secondary share sale in H2 2026 that values the company above $100 billion, a roughly 33% jump from the $75 billion valuation it reached in November 2025—part of a steady climb from $45 billion i...
The fintech secured its long awaited full UK banking licence on March 11, 2026, finally allowing it to hold deposits and lend directly in its home market after a nearly five year regulatory process [2][18][23].
For an eventual IPO, Revolut is targeting a valuation between $150 billion and $200 billion but has indicated it won't go public before 2028, using progressive secondary sales to build a higher valuation staircase [2]...
What is Revolut exploring regarding a secondary share sale, what valuation does it imply, how does that compare to its recent valuations, whRevolut's fintech platform continues to scale rapidly, with valuations doubling in two years and a full UK banking licence now in hand.
AI Prompt
Create a landscape editorial hero image for this Studio Global article: What is Revolut exploring regarding a secondary share sale, what valuation does it imply, how does that compare to its recent valuations, wh. Article summary: Here is a full breakdown of everything Revolut is exploring on these fronts.. Topic tags: general, general web, user generated. Reference image context from search candidates: Reference image 1: visual subject "Warsh tells Fed staff to prepare for policy and operations review; Non-bank trading firm revenues jump to record $114bn" source context "Revolut launches secondary share sale at $75bn valuation; MPS lifts Mediobanca bid to €17bn with added cash element - Th" Reference image 2: visual subject "Revolut has launched a secondary share sale valuing the company at $75bn, up from the $45bn valuation in a previous sale last year." source context "Revolut launche
openai.com
Revolut is moving at remarkable speed. The London-based fintech has spent the past two years rapidly escalating its valuation through a series of privately arranged secondary share sales, all while finally crossing the regulatory finish line to become a fully licensed UK bank. The company is now laying the groundwork for its next tender offer and setting ambitious, long-term sights on a public listing. Here is a clear breakdown of what is happening, when, and who is backing each step.
The H2 2026 Secondary Share Sale: Crossing $100 Billion
Revolut is preparing a new secondary share sale (a tender offer allowing existing shareholders and employees to sell stock) for the second half of 2026. The expected valuation in this transaction exceeds $100 billion, which would represent a roughly one-third step up from its most recent private valuation . Several major investors have been actively pushing for a deal that prices the company at no less than $100 billion, according to people familiar with the discussions . The final size and exact timing of the sale remain undecided, but strong interest from both new and existing backers has been reported .
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What is the short answer to "Revolut Plans Next $100 Billion Share Sale as It Marches Toward a $200 Billion IPO"?
Revolut is planning a secondary share sale in H2 2026 that values the company above $100 billion, a roughly 33% jump from the $75 billion valuation it reached in November 2025—part of a steady climb from $45 billion i...
What are the key points to validate first?
Revolut is planning a secondary share sale in H2 2026 that values the company above $100 billion, a roughly 33% jump from the $75 billion valuation it reached in November 2025—part of a steady climb from $45 billion i... The fintech secured its long awaited full UK banking licence on March 11, 2026, finally allowing it to hold deposits and lend directly in its home market after a nearly five year regulatory process [2][18][23].
What should I do next in practice?
For an eventual IPO, Revolut is targeting a valuation between $150 billion and $200 billion but has indicated it won't go public before 2028, using progressive secondary sales to build a higher valuation staircase [2]...
Revolut Plans Next $100 Billion Share Sale as It Marches Toward a $200 Billion IPO
Revolut is planning a secondary share sale in H2 2026 that values the company above $100 billion, a roughly 33% jump from the $75 billion valuation it reached in November 2025—part of a steady climb from $45 billion i... The fintech secured its long awaited full UK banking licence on March 11, 2026, finally allowing...
Revolut is planning a secondary share sale in H2 2026 that values the company above $100 billion, a roughly 33% jump from the $75 billion valuation it reached in November 2025—part of a steady climb from $45 billion i...
The fintech secured its long awaited full UK banking licence on March 11, 2026, finally allowing it to hold deposits and lend directly in its home market after a nearly five year regulatory process [2][18][23].
For an eventual IPO, Revolut is targeting a valuation between $150 billion and $200 billion but has indicated it won't go public before 2028, using progressive secondary sales to build a higher valuation staircase [2]...
What is Revolut exploring regarding a secondary share sale, what valuation does it imply, how does that compare to its recent valuations, whRevolut's fintech platform continues to scale rapidly, with valuations doubling in two years and a full UK banking licence now in hand.
AI Prompt
Create a landscape editorial hero image for this Studio Global article: What is Revolut exploring regarding a secondary share sale, what valuation does it imply, how does that compare to its recent valuations, wh. Article summary: Here is a full breakdown of everything Revolut is exploring on these fronts.. Topic tags: general, general web, user generated. Reference image context from search candidates: Reference image 1: visual subject "Warsh tells Fed staff to prepare for policy and operations review; Non-bank trading firm revenues jump to record $114bn" source context "Revolut launches secondary share sale at $75bn valuation; MPS lifts Mediobanca bid to €17bn with added cash element - Th" Reference image 2: visual subject "Revolut has launched a secondary share sale valuing the company at $75bn, up from the $45bn valuation in a previous sale last year." source context "Revolut launche
openai.com
Revolut is moving at remarkable speed. The London-based fintech has spent the past two years rapidly escalating its valuation through a series of privately arranged secondary share sales, all while finally crossing the regulatory finish line to become a fully licensed UK bank. The company is now laying the groundwork for its next tender offer and setting ambitious, long-term sights on a public listing. Here is a clear breakdown of what is happening, when, and who is backing each step.
The H2 2026 Secondary Share Sale: Crossing $100 Billion
Revolut is preparing a new secondary share sale (a tender offer allowing existing shareholders and employees to sell stock) for the second half of 2026. The expected valuation in this transaction exceeds $100 billion, which would represent a roughly one-third step up from its most recent private valuation . Several major investors have been actively pushing for a deal that prices the company at no less than $100 billion, according to people familiar with the discussions . The final size and exact timing of the sale remain undecided, but strong interest from both new and existing backers has been reported .
Studio Global AI
Continue your research
This page includes a source-backed answer you can continue inside Studio Global.
What is the short answer to "Revolut Plans Next $100 Billion Share Sale as It Marches Toward a $200 Billion IPO"?
Revolut is planning a secondary share sale in H2 2026 that values the company above $100 billion, a roughly 33% jump from the $75 billion valuation it reached in November 2025—part of a steady climb from $45 billion i...
What are the key points to validate first?
Revolut is planning a secondary share sale in H2 2026 that values the company above $100 billion, a roughly 33% jump from the $75 billion valuation it reached in November 2025—part of a steady climb from $45 billion i... The fintech secured its long awaited full UK banking licence on March 11, 2026, finally allowing it to hold deposits and lend directly in its home market after a nearly five year regulatory process [2][18][23].
What should I do next in practice?
For an eventual IPO, Revolut is targeting a valuation between $150 billion and $200 billion but has indicated it won't go public before 2028, using progressive secondary sales to build a higher valuation staircase [2]...
Revolut’s valuation has more than doubled in two years, moving from a respected fintech to one of Europe’s most valuable private companies. The progression is striking:
2021: An earlier funding round valued Revolut at approximately $33 billion .
August 2024: A secondary share sale priced the company at $45 billion, largely to provide liquidity for employees .
November 2025: In a tender offer completed on November 24, 2025, the valuation jumped to $75 billion, a 67% increase from the August 2024 round .
H2 2026 (planned): The upcoming secondary sale targets a valuation exceeding $100 billion, adding roughly another 33% on top of the 2025 figure .
IPO target (not before 2028): Revolut is aiming for an ultimate public-market valuation of $150 billion to $200 billion.
This methodical, rapid re-pricing is what Revolut founder Nik Storonsky has described as building a "valuation staircase," using each successive secondary sale to establish a new, higher price benchmark ahead of a potential IPO .
Who Is Investing: From Coatue to Nvidia’s Venture Arm
Each step in Revolut’s valuation climb has attracted a deeper bench of heavyweight investors.
August 2024 ($45 billion valuation): The round was led by Coatue, D1 Capital Partners, and Tiger Global, bringing in a mix of new and existing technology investors .
November 2025 ($75 billion valuation): The tender offer was led by Coatue, Greenoaks, Dragoneer, and Fidelity, with participation from Andreessen Horowitz (a16z), Franklin Templeton, and Nvidia’s venture capital arm, NVentures. The addition of Nvidia sent a particularly strong market signal about fintech’s deepening ties to AI infrastructure.
The investor lineup for the H2 2026 round has not been officially announced. Still, sources have pointed to significant incoming interest from existing backers who want to increase their position and new investors hoping to gain exposure before any public debut .
The Regulatory Milestone That Changes Everything
Perhaps more important than any single valuation figure was what happened on March 11, 2026: Revolut finally secured a full UK banking licence from the Bank of England’s Prudential Regulation Authority (PRA) .
The company first applied for the licence back in 2021 and received a restricted licence with conditions in July 2024, entering a "mobilisation period" in which it had to demonstrate robust IT, compliance, and risk management systems . Exiting that mobilisation phase allows Revolut Bank UK Ltd to accept deposits, offer FSCS-protected accounts (up to £85,000, or as much as £120,000 in some reports), and lend directly to customers in its home market . It transitions Revolut from a payments app with a banking-like experience into a regulated, deposit-taking bank. The licence also paves the way for expanded lending products, including credit cards, loans, and eventually mortgages .
The Long-Term IPO Ambition
When Revolut does eventually test the public markets, it is aiming high. According to the Financial Times, the company is targeting a valuation between $150 billion and $200 billion for its stock market listing . However, management has made clear that no IPO will happen before 2028 .
The strategy is deliberate: each secondary share sale lets early investors and employees realize some gains while establishing a higher price for the company in private markets. By repeatedly stepping up its valuation, Revolut hopes to enter the public arena with a price tag that reflects years of growth, not just a single funding round. The company has also strengthened its internal team to manage share sales directly, reducing its reliance on Wall Street banks to run these private transactions .
Taken together, the planned H2 2026 tender offer, the hard-won banking licence, and the $150–200 billion IPO ambition show a fintech that is methodically turning its private-market momentum into the foundation for a massive public debut—just not right away.
fintechweekly.comRevolut's Valuation Climbs to $75 Billion After Secondary Share Sale - FinTech Weekly
Revolut’s valuation has more than doubled in two years, moving from a respected fintech to one of Europe’s most valuable private companies. The progression is striking:
2021: An earlier funding round valued Revolut at approximately $33 billion .
August 2024: A secondary share sale priced the company at $45 billion, largely to provide liquidity for employees .
November 2025: In a tender offer completed on November 24, 2025, the valuation jumped to $75 billion, a 67% increase from the August 2024 round .
H2 2026 (planned): The upcoming secondary sale targets a valuation exceeding $100 billion, adding roughly another 33% on top of the 2025 figure .
IPO target (not before 2028): Revolut is aiming for an ultimate public-market valuation of $150 billion to $200 billion.
This methodical, rapid re-pricing is what Revolut founder Nik Storonsky has described as building a "valuation staircase," using each successive secondary sale to establish a new, higher price benchmark ahead of a potential IPO .
Who Is Investing: From Coatue to Nvidia’s Venture Arm
Each step in Revolut’s valuation climb has attracted a deeper bench of heavyweight investors.
August 2024 ($45 billion valuation): The round was led by Coatue, D1 Capital Partners, and Tiger Global, bringing in a mix of new and existing technology investors .
November 2025 ($75 billion valuation): The tender offer was led by Coatue, Greenoaks, Dragoneer, and Fidelity, with participation from Andreessen Horowitz (a16z), Franklin Templeton, and Nvidia’s venture capital arm, NVentures. The addition of Nvidia sent a particularly strong market signal about fintech’s deepening ties to AI infrastructure.
The investor lineup for the H2 2026 round has not been officially announced. Still, sources have pointed to significant incoming interest from existing backers who want to increase their position and new investors hoping to gain exposure before any public debut .
The Regulatory Milestone That Changes Everything
Perhaps more important than any single valuation figure was what happened on March 11, 2026: Revolut finally secured a full UK banking licence from the Bank of England’s Prudential Regulation Authority (PRA) .
The company first applied for the licence back in 2021 and received a restricted licence with conditions in July 2024, entering a "mobilisation period" in which it had to demonstrate robust IT, compliance, and risk management systems . Exiting that mobilisation phase allows Revolut Bank UK Ltd to accept deposits, offer FSCS-protected accounts (up to £85,000, or as much as £120,000 in some reports), and lend directly to customers in its home market . It transitions Revolut from a payments app with a banking-like experience into a regulated, deposit-taking bank. The licence also paves the way for expanded lending products, including credit cards, loans, and eventually mortgages .
The Long-Term IPO Ambition
When Revolut does eventually test the public markets, it is aiming high. According to the Financial Times, the company is targeting a valuation between $150 billion and $200 billion for its stock market listing . However, management has made clear that no IPO will happen before 2028 .
The strategy is deliberate: each secondary share sale lets early investors and employees realize some gains while establishing a higher price for the company in private markets. By repeatedly stepping up its valuation, Revolut hopes to enter the public arena with a price tag that reflects years of growth, not just a single funding round. The company has also strengthened its internal team to manage share sales directly, reducing its reliance on Wall Street banks to run these private transactions .
Taken together, the planned H2 2026 tender offer, the hard-won banking licence, and the $150–200 billion IPO ambition show a fintech that is methodically turning its private-market momentum into the foundation for a massive public debut—just not right away.
fintechweekly.comRevolut's Valuation Climbs to $75 Billion After Secondary Share Sale - FinTech Weekly