Search Results for "Modulr"
6 results for "Modulr"
Deals 5
Intuit QuickBooks Partners with Modulr to Power Business Payment Accounts
Intuit's QuickBooks announced an agreement with Modulr on March 3, 2021, to power a new QuickBooks Business Account for small businesses. Modulr's embedded payments infrastructure enables SMEs to manage digital payment accounts directly within their accounting software, exemplifying the embedded finance trend in business tools.
PayPal Ventures Invests £9M in Payments-as-a-Service Platform Modulr
Modulr, a UK-based Payments as a Service API platform, received a £9 million investment from PayPal Ventures. The funding will support product development, team expansion, and customer growth across lending, banking, fintech, travel, and accounting sectors. Modulr's total funding reached £63.3 million.
Modulr Becomes Visa Principal Issuing Member in Europe
UK payments fintech Modulr achieved principal issuing member status with Visa, gaining direct access to Visa's card network without intermediary banks. This enables Modulr to issue Visa cards directly for its clients in travel, alternative banking, and other verticals, strengthening its Payments-as-a-Service platform.
Modulr Gains Direct Bacs Participation for Embedded Payments in UK
Modulr, a UK-based Payments as a Service platform, announced direct participation in Bacs, the UK's direct debit and credit payment system. This milestone allows the fintech to process payments independently of third-party banks, reducing costs and friction for clients embedding payment capabilities into their platforms.
Modulr Expands Embedded Payments Platform With Edinburgh Office Launch
UK fintech Modulr opened its first office outside London in Edinburgh during Fintech Fortnight, following a £10.5m funding round. The expansion supports its embedded payments platform offering API access to Faster Payments and Open Banking. The move positions Modulr as an alternative to traditional transaction banking amid PSD2 regulatory shifts.