The $115 billion bet that Revolut won’t trade like the bank it is

Revolut told its employees last week that their shares are worth $2,017 apiece, making the company worth $115 billion. That makes the 11-year-old fintech—oops, bank—more valuable than US Bank and PNC, and in line with Capital One. Compared to Revolut, Nubank has double the customer base, 63% higher profit, but just 58% of the valuation. […]