Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Julia Kollewe

UNBELIEVABLE: Revolut warns it risks backlash over support for energy intensive ai and crypto | History Defined

Revolut app on an Apple smartphone
Revolut added 16 million individual customers, taking the global total to 68.3 million. Photograph: Mateusz Słodkowski/ZUMA Press Wire/REX/Shutterstock

The UK banking app Revolut has said it could face a backlash over its support for energy-intensive sectors such as crypto and AI, as it posted a 57% increase in profits for last year.

The fintech, which can now launch as a fully fledged UK bank after a five-year wait for regulatory approval, warned in its 2025 annual report that such activities posed a “reputational risk”. Revolut offers crypto trading.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.