Myles Stephenson is appointed Deputy Chair to the EPA Advisory Board

We’re delighted to announce that our CEO Myles Stephenson has been appointed Deputy Chair to the Emerging Payments Association (EPA) Advisory Board.

Myles has been a significant contributor to the EPA for two years now, helping the board transform the payments industry and create a profitable, sustainable payments ecosystem. He has been appointed alongside new Deputy Chair John Davies, founder of the Just Loans Group PLC and Chairman of Kompli-Global. Both will work alongside the new Board Chair, Andrea Dunlop, CEO of Card Solutions and Acquiring at Paysafe.

Commenting on his new role as Deputy Chair, Myles said: “Modulr and the EPA share many common aims – we both strive to promote innovation, improve the payments ecosystem, and encourage growth in modern financial services.”

“Since joining the EPA Advisory Board in 2016, it has been a great pleasure to be part of a platform that has such influence on a number of extraordinary changes taking place across the payments industry. It’s an honour to be selected as co-Deputy Chair and I look forward to working with such a talented senior leadership team to drive further innovation in our space as we face new challenges in 2019.”

Earlier in 2018, Modulr’s new Payments-as-a-Service API triumphed at the Emerging Payments Awards, which saw us named Best B2B Payments Programme and Best Technical Organisation supporting Emerging Payments, as well as taking home the Silver prize in the Leading Payments Start-Up category.

About Modulr

Modulr has grown to become the leading provider of embedded payments to organisations across the UK and Europe. Embedded payments is a new category that permits payments to become part of organisations’ technology stack, upgrading them to become payments companies themselves. Modulr enables hundreds of enterprise customers and thousands of SME customers to embed account creation, payment out, reconciliation of payment in, card issuing and many open banking and similar features into their own business process flows via API calls and webhooks into Modulr’s cloud platform. Core to Modulr’s success has been the platform itself, Modulr’s regulatory status as an EMI in the UK and Europe, its connections to payments and other financial service schemes, its ability to operate at scale, and its compliance rigour. Today Modulr handles over £100bn of annualised payment volume and its platform handles on average 30 API calls per second.