Fintech firm Revolut is aiming for a $200 billion valuation when it goes public, according to a report from the Financial Times. This would have seen a more than 160% increase since its November fundraise. However, the firm's CEO and co-founder, Nik Storonsky, stated that the IPO won't occur until 2028. The firm now operates a licensed bank in 30 of its 40 geographies, including the United Kingdom. No formal valuation target has been made for the IPO.