In 2015, Nikolay Storonsky used about $500,000 he’d earned as a derivatives trader at Lehman Brothers and Credit Suisse to launch a startup intended to supplant the giants of global finance.
“We want to replace banks, simple as that,” the former competitive swimmer said in a promotional video at the time.
The 41-year-old hasn’t, yet, succeeded in that aim but the resulting company, Revolut Ltd., has the potential to hand him one of the biggest fortunes in the industry — around $76 billion in stock if he can pull off a near-$200 billion initial public offering that the firm is aiming at within ...
