UK’s Revolut eyes up to $200 billion valuation in IPO: Report
By
Binu Mathew
British finance app Revolut told investors that it was aiming for a valuation of up to $200 billion in its stock market listing, the Financial Times reported on Tuesday, citing members briefed by Revolut on its plans.
Revolut declined to comment when contacted by Reuters for confirmation on the valuation.
Europe’s most valuable financial technology firm had said that it will not seek a listing before 2028 and that it had not laid out any formal valuation targets, following a share sale in November last year which valued the company at $75 billion.
