Revolut taps Nasdaq to power next phase of global compliance

By Vriti Gothi

Nasdaq has expanded its regulatory technology partnership with Revolut to streamline compliance as it scales internationally. The collaboration centres on the broader deployment of Nasdaq AxiomSL, a cloud-based regulatory reporting and risk platform widely used by global systemically important banks to meet cross-border supervisory requirements.

Revolut has already consolidated most of its reporting infrastructure across Europe, including a recent integration of its UK workflows. The expanded engagement is designed to support the FinTech’s global footprint by enabling faster, more consistent compliance with emerging regulatory obligations across new markets.

“As we expand our global footprint, we are committed to ensuring our underlying infrastructure scales with us and strengthens our ability to operate,” said Murray Laister, Head of Group Regulatory Reporting at Revolut. “Our partnership with Nasdaq offers the flexibility, transparency and control to meet regulatory expectations across jurisdictions without slowing down innovation and growth.”

Nasdaq said the rollout reflects a broader shift among fast-growing FinTechs toward more mature, enterprise-grade compliance systems as supervisory expectations tighten worldwide. “Revolut is at the forefront of digital banking transformation, and we’re excited to support their journey,” noted Ed Probst, Head of Regulatory Technology at Nasdaq. “By deploying Nasdaq AxiomSL, Revolut is building a future-ready infrastructure that adapts to regulatory evolution.”

Revolut is using AxiomSL to unify reporting across multiple jurisdictions, reducing the need to operate separate frameworks country by country. The platform centralises relevant data, helping to strengthen data integrity and providing flexibility as reporting obligations evolve. Delivered as a managed cloud service, Nasdaq’s team maintains the infrastructure, monitors regulatory changes and ensures ongoing operational continuity — an approach aimed at reducing the compliance burden for FinTechs expanding at scale.

Nasdaq’s regulatory and market-infrastructure technology is used by more than 135 market operators, 35 central banks and regulatory authorities, and over 3,800 financial institutions globally. The partnership underscores the increasing convergence between FinTech growth strategies and industrial-grade compliance technology, as firms seek to balance rapid expansion with heightened regulatory scrutiny.