Modulr, an embedded payments platform, announces its acquisition of Nook, an innovator in accounts payable (AP) automation. Both companies said they aim to address inefficiencies, remove manual steps and improve the overall security of making business payments. These are significant concerns, as highlighted by Modulr’s… Read More
multifi are a lending service for SMEs, empowering innovative businesses to reach the next level of growth and cover emergencies. However, to offer the solution that SMEs were crying out for, they “needed to offer loans that were fast and easily accessible.” For that, they… Read More
Modulr, the embedded payments platform, announced the launch of its innovative travel payments solution, specifically designed to address the unique needs of online travel agents (OTAs) and travel industry intermediaries. The new offering reportedly “enhances operational efficiency, streamlines reconciliation and cash flow processes, and unlocks… Read More
Modulr is pleased to be working with the University of Edinburgh Business School. Their collaboration showcases their shared commitment “to fostering technology innovations, inspiring the next generation of business leaders and building Scotland’s prominence as a tech hub.” Here’s how Modulr is supporting the University… Read More
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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