The Scotsman picks out Modulr as one of the top five fintechs to watch

Scotland’s leading national newspaper has set its sights on Modulr as one of the top five fintechs to watch in 2018. The Scotsman’s video singles out the fintech innovators with the brightest futures in the country.

We feature alongside businesses using blockchain to deliver safer public services and ID platforms that make civil justice more accessible to small businesses. Our API is built for businesses that process a high volume of complex payments – enabling them to get paid, reconcile and pay out automatically.

Scotland is the UK’s second largest financial services cluster after London, with 86,000 people employed across the sector. We’re growing fast and are proud to contribute to continued momentum in this sector, generating new opportunities for the bright minds of Scotland.

Catch the full video here.

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.