Fintech giant Revolut is reportedly aiming for a $200 billion valuation in its upcoming IPO, according to sources cited by the Financial Times. This ambitious target marks a significant increase from its last valuation of approximately $75 billion following a stock sale in November. Despite these plans, CEO Nick Storonsky recently indicated that the IPO might be delayed for two years. Revolut's revenue surged to $6 billion last year, with pre-tax profits of $2.3 billion, driven by its global expansion. The company operates a licensed bank in 30 of its 40 regions, including the UK, where it overcame regulatory challenges by committing $4 billion in investments. While Revolut is expanding its banking services, it currently does not offer cryptocurrency services in the U.S., though it provides crypto trading and custody solutions in other jurisdictions.