Swedish police report flags Revolut in Russian money laundering 'industrial scale'

Sweden's Financial Police released a report alleging Russian organized crime is laundering money on an unprecedented scale, repeatedly naming fintech Revolut in suspected money flows. The report suggests a systemic vulnerability in digital banking controls, though specific evidence against Revolut is not detailed. This could trigger regulatory scrutiny and reputational risk for Revolut, and may prompt stricter AML enforcement across European fintechs.