Modulr Finance

39 results about this entity

Period: 25 Feb 2019 - 22 Jul 2024

/payments

Tymit taps Modulr for real-time payments

Tymit, the mobile-enabled instalment credit card, has today announced it has partnered with the FinTech Modulr, the payments-as-a-service API platform, to bring real-time payments to Tymit cardholders, enabling them to take control of their finances and plan the way they pay.

/regulation

Central Bank of Ireland grants Modulr an EMI licence

UK and Ireland-based FinTech Modulr has today announced it has secured an electronic money institution (EMI) licence from the Central Bank of Ireland for its Dublin-based entity, Modulr FS Europe Limited (638002), (hereafter referred to as Modulr Europe).

/security

Modulr becomes first non-bank to launch Confirmation of Payee

The FinTech Modulr has today launched Confirmation of Payee, a fraud prevention initiative spearheaded by Pay.UK.

/payments

Three fintechs join Mastercard Open Banking project

Mastercard announces three key financial firms as the latest companies to start using Mastercard Open Banking Protect, safeguarding organisations who manage customer accounts against compromised or unauthorised third-party providers (TPPs).

/crypto

Crypto startup Zumo taps Modulr for GBP functionality

Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has taken its first step towards the creation of a seamless fiat-to-cryptocurrency payments system with the launch of a sterling (GBP) functionality, powered by Modulr, the digital payments platform.

/payments

Orka launches pay advance platform for hourly workers

Orka, a UK technology firm focused on products specifically targeted at hourly workers, has launched a product that enables employees to withdraw a percentage of their wages as soon as they’ve worked a shift.

/retail

Mode launches new banking capabilities, powered by Modulr

Mode Banking, the London-based FinTech backed by the co-founder of Twitter Biz Stone, is rolling out new banking capabilities including individual sort code and account numbers for all its users, as part of its long-term commitment to delivering a truly digital banking app.

/payments

Payments-as-a-Service API platform Modulr raises £18.9m

Modulr, a UK Payments-as-a-Service API platform for digital businesses, has raised £18.9 million in a funding round led by Highland Europe.

Modulr becomes a principle issuing member of Visa

The FinTech Modulr today announced it has joined Visa as a principal issuing member, granting it direct access to the industry-leading global payments network.

/payments

Modulr joins Bacs as direct participant

Modulr, the Payments as a Service API platform for digital businesses, has today announced it has become one of a few non-bank Payment Service Provider (PSP) participants of Bacs, the Pay.UK-operated payment system.

/payments

Modulr joins Faster Payments

Modulr, the Payments as a Service API platform for digital businesses, today announced that it became a direct participant in the Faster Payment Service (FPS) on Friday 7th June 2019.

Modulr invests £20m in Scottish fintech

SME payments outfit Modulr is to invest the best part of £20m in the Scottish fintech industry, in the process creating 53 new jobs and nurturing new technology talent.