Nasdaq has
expanded its regulatory technology agreement with Revolut, deploying the
AxiomSL reporting platform across the fintech’s European operations as the
company pushes into new markets.

Nasdaq Taps Revolut for
RegTech Expansion

Revolut
consolidated most of its regulatory reporting infrastructure in Europe and
recently integrated all workflows in the United Kingdom onto the Nasdaq system.

The deal
gives the $75
billion fintech access to a cloud-based managed service that handles
compliance filings across different countries, replacing separate reporting
frameworks that previously operated independently.

“As we
expand our global footprint, we are committed to ensuring our underlying
infrastructure scales with us and strengthens our ability to operate,”
Murray Laister, Head of Group Regulatory Reporting at Revolut, said in a
statement.

“Our
partnership with Nasdaq offers the flexibility, transparency and control to
meet regulatory expectations across jurisdictions- without slowing down
innovation and growth.”

Platform Handles
Multi-Country Compliance

The AxiomSL system
centralizes data from across Revolut’s operations and manages reporting
requirements that vary by country. Nasdaq operates the infrastructure as a
managed service, meaning its staff track regulatory changes in different
jurisdictions and maintain the system without direct involvement from Revolut
teams.

The
platform is used by 90% of global systemically important banks for domestic and
international regulatory obligations. These institutions face pressure from
regulators to automate compliance processes and maintain consistent data across
multiple jurisdictions with different accounting rules.

“Revolut is
at the forefront of digital banking transformation, and we’re excited to
support their journey,” said Ed Probst, Head of Regulatory Technology at
Nasdaq.

The managed
service model lets companies focus on core business while staying compliant as
the platform incorporates new rules and provides ongoing support.

Revolut Pushes Into New
Markets

Revolut
received a British banking license
in September 2024, though with restrictions during a mobilization phase.
The company reported 50 million registered users globally by the end of 2024
and secured a payments license in India in April 2025.

The fintech
plans to
launch as a bank in Mexico early next year and has advanced plans for
Colombia and Argentina, with another bank license application expected in 2025.
In May 2025, Revolut
announced a $1.1 billion investment over three years to expand in France
and established Paris as its Western European headquarters.

Nasdaq
serves more than 135 market infrastructure providers, 35 central banks and
regulatory authorities, and 3,800 clients across financial services. The
company provides platforms for data, analytics, software, and exchange
capabilities to institutions navigating global capital markets.

This article was written by Damian Chmiel at www.financemagnates.com.

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