Revolut has announced what its chief executive called a “landmark year,” posting £1.7 billion in pre-tax profit for 2025 and crossing 68 million customers globally, all while flagging that its exposure to energy-intensive sectors such as crypto and AI poses a meaningful reputational risk. The disclosure, included in the company’s 2025 annual report, comes as environmental expectations for financial institutions are rising sharply. Revolut’s combination of record growth and climate-related risk acknowledgment marks a significant moment in its evolution as a banking institution.
The company’s roots trace back to 2015, when Nik Storonsky launched a travel-focused money card in London. Over the following decade, Revolut expanded into a comprehensive digital bank offering everything from equity trading to insurance and business accounts. Now valued at $75 billion, the company has received its UK banking licence and is rolling out current accounts to British customers for the first time.
Revolut’s financial metrics for 2025 exceeded expectations on multiple fronts. Revenue grew 46% year-on-year to £4.5 billion, while profits rose 57% to £1.7 billion before tax. The platform welcomed 16 million new individual customers, and business accounts expanded by 33% to 767,000. The company is targeting 100 million total customers by mid-next year, with one in five working-age European adults already using its services.
The energy issue flagged by Revolut is at the centre of a widening debate across the technology and finance industries. Bitcoin mining’s demand for electricity is well-established, and artificial intelligence data centres are emerging as a comparably large consumer of power. The recent spike in global energy prices has heightened these concerns, making environmental credentials an increasingly important factor in corporate reputation, investor relations, and regulatory compliance.
Revolut is preparing to roll out a broader suite of banking products in the years ahead, including mortgages, personal lending, and expanded business services. The company has applied for a banking licence in the United States and is actively growing its presence in markets across Europe and beyond. Storonsky’s comments suggest confidence that Revolut’s technology-led model will allow it to compete successfully with incumbent banks on a global scale.