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Revolut Eyes Valuation Surge Ahead Of Public Debut

IPO Targets And Strategic Growth

British neobank Revolut is targeting a valuation of $150 billion to $200 billion ahead of a potential initial public offering, according to sources cited by the Financial Times. The планы follow the company’s recent progress in securing a full banking license in the United Kingdom, a key step in strengthening its regulatory position.

Robust Financial Momentum

Recent transactions highlight a sharp increase in valuation. A secondary share sale lifted Revolut’s valuation from $45 billion in 2024 to $75 billion, positioning it among Europe’s most valuable fintech companies. CEO and co-founder Nik Storonsky has indicated that an IPO is unlikely in the near term, with a timeline of at least two years. Market expectations point to another secondary sale in the second half of 2026, which could push valuation beyond $100 billion.

Scaling Revenue And Customer Base

Growth in core metrics remains strong. Revolut reported revenue of $6 billion for the year ending December 2025, up from $4 billion in 2024. Net profit increased to $1.7 billion from $1 billion over the same period. The customer base expanded to 68.3 million retail users, reflecting continued adoption across key markets.

Global Expansion And Licensing Milestones

Founded in 2015, Revolut has expanded beyond payments into multi-currency accounts, transfers, crypto services, and insurance products. Operations now span multiple regions, supported by banking licenses in the United Kingdom and the European Union. Expansion into markets such as Australia, Japan, Singapore, Brazil, the United States, and India reflects an ongoing international growth strategy. The company has also applied for a U.S. banking license, while upcoming launches in Colombia and Mexico further extend its geographic footprint.

Outlook For The Future

While the company has not confirmed IPO plans, valuation growth, rising revenues, and expanding global operations indicate continued momentum. Investor focus is likely to center on regulatory progress, profitability, and the ability to sustain growth ahead of a potential public listing.

Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.

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