Modulr, a Payments as a Service API Platform for digital businesses, has revealed that it received a strategic investment from the venture division of FIS. FIS intends to leverage Modulr‘s API-enabled payments infrastructure to carry out and automate real-time, B2B payments in the UK and… Read More
Modulr, a Payments as a Service API Platform for digital businesses, has shared insights on how Fintech firms can “harness the power” of cryptocurrency. Gavin Waddell from Modulr writes in a blog post that digital currencies have “shaken up” the financial world. Innovation is “the… Read More
Modulr, a Payments as a Service API Platform for digital businesses, notes that they’re seeing the rise of the infrastructural Fintech. The company claims to have “front row seats” to see how Software as a Service companies (and customers) are adding various financial services to… Read More
Digital bank Revolut has announced a new service: Confirmation of Payee – available to over 3 million UK customers. The feature is part of Pay.UK’s anti-fraud initiative, according to a release. The feature has been enabled by its payments partner Modulr, one of the few… Read More
Modulr, a Payments as a Service API Platform for digital businesses, announced on Monday the Alpha Launch of its Payments Dashboard and accountancy Pathfinder program, which gives accountants and bookkeepers manage and make payments for their clients. The Alpha Launch comes just days after digital… Read More
Digital bank Revolut has announced an early salary feature available to UK customers. The new feature means that Revolut’s UK customers can access their salaries and all payments made over the Bacs payment scheme a working day earlier than usual. In the case where they… Read More
Payments as a Service Fintech Modulr has received a £9 million investment from PayPal Ventures to develop additional products and expand its customer base. Modulr is a Fintech service that integrates into any product or system. Users may automate payment flows, embed payments into their… Read More
Tymit, a UK-based mobile-enabled installment credit card, announced on Tuesday it has partnered with Modulr, a payments-as-a-service API platform, to bring real-time payments to Tymit cardholders. The service gives customers access to take control of their finances and plan the way they pay. Founded in… Read More
UK-based Modulr, a Payments as a Service API Platform for digital businesses, has introduced physical cards that are now available via its platform. The Modulr team noted: “Following popular demand, we have launched a card-issuing API, completing an end-to-end, one-stop solution for an entire card… Read More
UK-based businesses might be “sleepwalking” into a major payments crisis, according to a recent report from Modulr, a Payments as a Service API Platform for digital businesses. The report reveals that payment processes cost UK businesses a substantial £1.5m (or 12% of Opex) with costs… Read More
UK-based Modulr, a Payments as a Service API Platform for digital businesses, has revealed that its Dublin-based entity is now licensed as an electronic money institution (EMI) by the Central Bank of Ireland. The Modulr team noted: “This is an important step in enabling our… Read More
Myles Stephenson, the CEO at UK-based Fintech firm Modulr, says he’s pleased to announce that the financial service provider has become a principal issuing member of Mastercard. As explained by the company, this means that their products are “further embedded” in key financial infrastructure and… Read More
Earlier this week, Modulr reportedly became the very first non-bank or building society to join the Confirmation of Payee service, which allows people to check whether the payment details they’ve provided for an individual or company match the details that are held by the recipient’s… Read More
Modulr, a Payments as a Service API Platform for digital businesses, announced on Wednesday it secured £18.9 million in growth funding to further develop its platform and expand into new products and markets. The funding round was led by European growth capital firm Highland Europe… Read More
London-based Fintech firm Modulr revealed on October 30 that it’s planning to invest most of its £20 million in funding in Scotland’s financial technology sector, in order to promote innovation and support the nation’s role as a leading tech hub. Modulr’s investment-related decision has come after… Read More
Modulr, a Payments as a Service API Platform for digital businesses, announced on Monday it secured £14 million through its latest investment round, which was led by new investors Frog Capital as well as further investment from existing investors including Blenheim Chalcot. Founded in 2015,… Read More
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