Europe’s tech sector has spent years watching its most promising startups either stay private forever or hop across the Atlantic to list in New York. A deep pipeline of privately held technology companies is gearing up for IPOs that could inject billions into European stock exchanges.
The numbers already tell the story. EMEA IPO proceeds hit $7.4 billion across 34 deals in Q1 2026, a 30% jump compared to the same period last year. European listings specifically raised roughly 4.7 billion euros across 12 deals, up 47% year-over-year.
The candidates everyone is watching
Revolut, the London-headquartered fintech giant, carries a 95% IPO probability according to analyst ratings and may pursue a dual listing in 2026. Zopa, the UK digital bank, has the highest IPO probability of any company in the pipeline at 97%. Zopa has been profitable since 2024. Oura, the Finnish healthtech company best known for its smart ring, is targeting $2 billion in sales for 2026 and carries a 96% IPO probability. Bolt, the Estonian transportation platform, and Celonis, the Munich-based process mining software company, both carry IPO probabilities of 95% or higher.
Why now, and why it matters
