Tagged: modulr

October 18, 2023 @ 7:20 am By Omar Faridi  |  

The UK’s Financial Conduct Authority (FCA) has reportedly agreed with Fintech Modulr to place customer onboarding restrictions until the service provider adheres to applicable regulatory guidelines. At the start of this month, the FCA had placed a restriction for the firm, which prevents it from… Read More

October 4, 2023 @ 8:22 am By Omar Faridi  |  

Hastee claims that it is disrupting a rigid monthly pay cycle that’s no longer “fit for purpose” by giving employees early access to part of their earned pay. This ensures employees can cove themselves “for financial emergencies without the risk of borrowing funds they may… Read More

June 23, 2023 @ 1:49 pm By Omar Faridi  |  

UK Fintech Modulr has reportedly expanded its embedded payments product offerings to France and Spain. With this recent expansion move as well as a layer of localization, French and Spanish companies are able to leverage Modulr’s embedded payments solutions to enhance their market competitiveness within… Read More

February 20, 2023 @ 8:35 am By Omar Faridi  |  

In order to provide the complete set of features that many of their customers know and love, Plutus works with various third parties including a banking partner. Their banking partner “provides and manages your Plutus current account.” Plutus is “moving from one of its current… Read More

December 27, 2022 @ 8:35 am By Omar Faridi  |  

There are few things more vital to get right than renting, according to an update from UK-based Fintech firm Modulr. Whether it’s a landlord, letting agency or tenant, it “involves an enormous amount of money and the emotional weight of roofs over people’s heads.” Modulr… Read More

December 7, 2022 @ 8:09 am By Omar Faridi  |  

Sometimes, innovation comes “out of frustration.” That was “certainly” the case for kennek, the vertical software solution for lenders. As Thibault Lancksweert, kennek Founder and Co-CEO notes: “Our motivation for starting kennek stemmed from our own frustrations as lenders. We found that, despite the many… Read More

October 18, 2022 @ 10:30 pm By Omar Faridi  |  

HR and payroll services provider, SD Worx, is committed to making additional investments in people-based Fintech services for its clients by working with Modulr, the embedded payments platform that supports quicker payroll payments. Traditional Bacs payments for payroll usually take around three business days to… Read More

October 13, 2022 @ 8:14 am By Omar Faridi  |  

The Digital Pound Foundation is pleased to announce the addition of Modulr to the Digital Pound Foundation’s membership community. Since its inception in 2016, Modulr has “grown to become the leading provider of embedded payments to businesses across the UK and Europe.” Authorized by the… Read More

August 18, 2022 @ 8:07 am By JD Alois  |  

Wirex, a payments and crypto service, has added SEPA (Single Euro Payments Area) Instant and Faster Payments for UK and EEA customers to transfer British Pounds and Euros between their Wirex and bank accounts. Wirex has partnered with digital payment infrastructure provider, Modulr, to introduce… Read More

August 17, 2022 @ 10:39 pm By Omar Faridi  |  

Nebeus, the European cryptocurrency app, has announced a partnership with Modulr, the embedded payments platform, “to augment its offering with accounts, real-time payments and Visa cards.” This move makes Nebeus one of the first European companies “to leverage Modulr’s one-stop card issuing solution across the… Read More

June 13, 2022 @ 2:17 am By Omar Faridi  |  

Scroll Finance, a “next-generation” Fintech offering “smart” financing solutions to homeowners, recently announced that Modulr, the embedded payments platform, will be powering its underlying payments infrastructure. The partnership will “enable Scroll to accelerate its mission to disrupt the homeowner financing sector in the UK.” Scroll… Read More

June 7, 2022 @ 3:00 am By JD Alois  |  

Dutch Fintech Modulr has launched its real-time Euro payments service, based on the real-time pan European SEPA Instant scheme. The Single Euro Payments Area (SEPA) allows customers to make cashless Euro payments to anywhere in the EU, as well as a number of non-EU countries… Read More

May 20, 2022 @ 8:28 am By Omar Faridi  |  

Modulr, an embedded payments platform for digital businesses, recently announced that it has raised $108m (£83m) in Series C funding that was led by General Atlantic, a global growth equity firm. The investment round also “included significant participation from existing investors including Blenheim Chalcot, Frog… Read More

March 3, 2022 @ 3:08 pm By Omar Faridi  |  

The team at UK Fintech Modulr notes that they are pleased to let their clients know that their Faster Payments transaction limit has “increased from £250,000 to £1 million for inbound and outbound payments, in line with the retail payments authority, Pay.UK, which went into… Read More

February 15, 2022 @ 3:08 am By Omar Faridi  |  

When the COVID-19 crisis struck, working practices changed for many individuals and businesses across the globe. Offices had been closed and corporate travel was at a standstill, as virtual networks began replacing physical networking. Fast forward two years and while lockdowns are easing and conferences… Read More

February 8, 2022 @ 11:32 am By JD Alois  |  

Modulr, a Fintech providing Payments as a Service API, has partnered with regional bank Hodge to power a real-time digital banking experience to its customers. This is the first time Modulr has partnered with a traditional bank in this method. Modulr’services enable businesses to automate… Read More

February 6, 2022 @ 1:07 pm By Omar Faridi  |  

Earlier this week, payments platform Modulr announced a partnership with Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, in order to enable payments into the UK and Europe. Trust Payments, the international unified payments group, is reportedly the first customer… Read More

January 25, 2022 @ 8:38 am By JD Alois  |  

Modulr, a payments Fintech based in Amsterdam, has been approved to operate as an Electronic Money Institution (EMI) by De Nederlandsche Bank (DNB).  Modulr is already approved to operate as an EMI in the UK and Ireland. Modulr states that it doubled its lifetime payment… Read More

January 8, 2022 @ 8:27 pm By Omar Faridi  |  

The team at UK Fintech Modulr has done some research in order to find out what “makes paying passengers leave, and what makes them come back.” As noted in a blog post by Modulr, digital transformation has “been on the collective agenda for years.” It’s… Read More

January 4, 2022 @ 8:43 am By Omar Faridi  |  

Fintech Modulr, which supports a new digital payment account for businesses and is specifically building services for companies needing a faster, easier and more reliable way to move money, notes that when they analyzed the results from their Digital Now survey (looking at consumer “attitudes… Read More