How Revolut Powers Global Banking: Inside Their Partnership with Nasdaq for Compliance at Scale

Understanding Revolut’s Operating Model

Revolut operates as a global fintech platform that simplified cross-border money management for over 65 million users worldwide. Here’s how Revolut works at its core: the platform connects customers across the globe through a centralized digital infrastructure, enabling real-time money transfers, currency exchanges, and financial services without traditional banking barriers. With more than a billion transactions monthly, Revolut essentially reimagined banking infrastructure—but rapid global growth brings one critical challenge: maintaining regulatory compliance across dozens of different jurisdictions.

The Compliance Scaling Problem That Every Fintech Faces

As Revolut expanded into new markets across Europe and beyond, the company faced the same obstacle that threatens many fast-growing financial platforms: how to maintain robust regulatory reporting without slowing innovation. Each country has its own reporting requirements, separate frameworks, and evolving rules. Managing these independently would create operational chaos and increase costs exponentially.

This is where Nasdaq’s strategic intervention becomes crucial to Revolut’s next phase of growth.

Nasdaq AxiomSL: The Infrastructure Behind the Scenes

Nasdaq announced an expanded partnership centered on deploying AxiomSL—a regulatory reporting and risk management platform trusted by 90% of the world’s systemically important banks (G-SIBs). By consolidating Revolut’s regulatory reporting infrastructure through AxiomSL, the fintech can now manage compliance across multiple territories from a single, centralized platform.

Here’s what this partnership actually enables:

Unified Reporting Framework Across Borders

Rather than maintaining separate reporting systems for the UK, EU, and other markets, Revolut embedded AxiomSL to aggregate all data points into one platform. This eliminates the fragmentation that typically plagues expanding fintechs. All relevant regulatory data flows through a single source of truth, ensuring data integrity while providing flexibility for new reporting requirements.

Cloud-Based Managed Service Model

The beauty of AxiomSL lies in its architecture: it operates as a cloud-based managed service where Nasdaq’s expert team handles the heavy lifting. The infrastructure automatically stays updated with regulatory changes across different jurisdictions, meaning Revolut’s team can focus on building new products and acquiring customers rather than getting bogged down in compliance mechanics.

What This Means for Revolut’s Global Expansion

Murray Laister, Revolut’s Head of Group Regulatory Reporting, emphasized that this partnership provides the “flexibility, transparency and control to meet regulatory expectations across jurisdictions—without slowing down innovation and growth.” That statement captures the real prize: scalable compliance that doesn’t become a growth ceiling.

The Broader Industry Context

Nasdaq’s technology infrastructure reaches across an impressive scale—used by over 135 market infrastructure providers, 35 central banks, and 3,800+ financial services clients globally. This makes AxiomSL not just a Revolut solution, but part of broader industry-wide modernization toward cloud-based, scalable compliance systems.

For a platform like Revolut that processes billions of transactions monthly across multiple regulatory zones, having infrastructure built on proven enterprise-grade technology reduces operational risk significantly. The platform can now adapt as regulations evolve without requiring complete infrastructure rebuilds.

Why This Partnership Signals Fintech Maturation

The expansion of this Nasdaq-Revolut partnership reflects a shift in how modern fintech companies think about infrastructure. Rather than viewing compliance as a cost center to minimize, sophisticated platforms now recognize that robust, scalable regulatory infrastructure is a competitive advantage. It enables faster market entry, reduces friction during regulatory audits, and demonstrates serious commitment to responsible financial innovation.

As fintech continues expanding into banking services traditionally reserved for regulated institutions, having enterprise-grade compliance infrastructure becomes non-negotiable. Revolut’s choice to consolidate its reporting framework across Europe and leverage Nasdaq’s managed service model shows how the industry is maturing toward sustainable, compliant global operations.