Revolut warns it risks backlash over support for energy-intensive AI and crypto
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Revolut reported a 57% profit increase for 2025, reaching £1.7 billion pre-tax, with revenue up 46% to £4.5 billion, driven by significant customer growth. The fintech company, now a fully-fledged UK bank, is expanding its services, including rolling out current accounts and launching mortgages, aiming to reach 100 million customers globally by mid-2026. Despite this success, Revolut's annual report cautioned about potential reputational risks associated with supporting energy-intensive sectors like cryptocurrency and AI, which could face backlash due to increasing energy demands and shifting environmental attitudes. While acknowledging climate-related risks, Revolut believes its digital-first approach could provide resilience and even benefit from the energy transition. The company, valued at $75 billion, operates as a licensed bank in over 30 markets and has applied for a banking license in the US.
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AI-ExtractedNik Storonsky hailed another “landmark year”.
Revolut added 16 million individual customers, taking the total to 68.3 million.
Revolut reported a £1.7bn pre-tax profit for 2025, with revenues climbing 46% to £4.5bn.
Revolut warns it could face a backlash over its support for energy-intensive sectors such as crypto and AI.
Revolut hopes to reach 100 million customers around the world by the middle of next year.
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