Modulr

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At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables thousands of businesses, from SMEs to enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts, and card products. We’ve created an industry-leading platform with comprehensive online tools and API access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance and Investment & Wealth. We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs, and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in a range of currencies. We are principal issuing members of Visa and Mastercard across the UK and Europe. Our regulatory permissions and governance structure underpin our business. We are regulated as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank. Today we handle over 200m transactions and £100bn payment volume on an annualised basis handling more than 30 API calls per second.

Company Details

Employees
402
Founded
-
Address
Scale Space, 58 Wood Lane, London,england W12 7rz,united Kingdom
Email
in****@****nce.com
Industry
Financial Services
NAICS
Finance and Insurance
Monetary Authorities-Central Bank
HQ
London, England
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News

Modulr raises $108m in Series C funding round led by General Atlantic - General Atlantic

Modulr raises $108m in Series C funding round led by General Atlantic General Atlantic

Modulr Finance secures £9 million Series C Follow On investment from PayPal Ventures - UK Tech Investment News

Modulr Finance secures £9 million Series C Follow On investment from PayPal Ventures UK Tech Investment News

Sage Automates Salary and Supplier Payments With Modulr - PR Newswire UK

Sage Automates Salary and Supplier Payments With Modulr PR Newswire UK

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