Episode Details

Revolut, the UK banking app, reported a 57% increase in annual profits, reaching £1.7 billion pre-tax in 2025, with revenues up 46% to £4.5 billion. Launching as a full UK bank, it warns of potential backlash over ties to energy-intensive sectors like crypto and AI. Despite surging customer numbers (16 million to 68.3 million globally, 13 million in the UK), it faces reputational risks due to public views on high-carbon pursuits. Revolut aims for 100 million customers by mid-next year and has applied for a US banking license, operating as a full bank in over 30 markets.

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