Condukt, a compliance platform for financial services founded by former employees at Revolut, has raised £7.6 million in funding.

CEO Paulo Guichard and Bhasker Rao met at Revolut Business, having held senior roles at SumUp and Square (now Block) respectively. 

They founded Condukt in May 2023. The firm says it already powers compliance for the likes of Wise, Tide, Mollie, Rakuten, Shift 4, Flatpay and myPOS. 

It operates from London and Porto, with a team of former Revolut and Meta engineers.