Modulr

About

Modulr is a payments automation platform that lets businesses embed payments and accounts into their platforms and finance operations. Its products include accounts in a range of currencies, virtual and physical cards, pay-outs, and pay-ins and collections, along with accounts payable, payroll payments and spend management tools. It serves sectors including travel, lending and wage advance, merchant payments, and investment and wealth. Modulr is a direct participant in Faster Payments and Bacs, holds settlement accounts at the Bank of England, and is a principal issuing member of Mastercard and Visa. It is licensed as an electronic money institution by the FCA in the UK and by De Nederlandsche Bank in the Netherlands, and it has branches in Ireland, Spain and France.