Modulr makes key leadership appointments to support European growth
Amsterdam, Netherlands | 16 July 2026: Modulr, the payments automation platform built to scale, today announces two senior appointments with a focus on growth in Europe. Modulr Group’s current Director of Strategy, Jakub Zmuda, will take up the position of Managing Director in Europe and Chair of Management Board of Modulr Finance B.V., Modulr’s European subsidiary.
Jakub Zmuda has more than 15 years’ experience in the payments industry and became a founding member of Modulr in 2016 as Chief Product Officer. Since then, he has focused on strategic growth, including new market entry and expansion. As Managing Director for Europe, he will drive Modulr’s regional growth backed by continued investment in local talent and a platform that scales with its growing customer base.
This new position builds on the recent appointment of payments industry veteran Mark Buitenhek, who joined Modulr as Independent Chair of the Supervisory Board of Modulr Finance B.V.
Mark Buitenhek brings more than 25 years of experience in payments. At ING, he held global leadership roles across payments and cash management as well as transaction services. He has served on the Boards of the European Payments Council, Mastercard Europe, Payconiq, and SWIFT. As independent Chair, he brings deep strategic and governance expertise to Modulr, supporting the company's next phase of growth in Europe.
Commenting on Modulr’s European growth, Myles Stephenson, Founder & CEO, Modulr said: “Following a strong financial period for Modulr, including reaching profitability last year and launching in the US earlier this year, our sights are set on further growth and building a platform that scales across Europe. These appointments strengthen our leadership and governance in Europe as we continue our growth in the region”.
About Modulr
Modulr is the payments automation platform built to scale, driving the future of finance operations by streamlining money movement with accuracy, control, and reliability. Through a single platform, Modulr automates how money moves into and out of a business – including payroll, supplier payments, spend management, and payment collection – which in turn removes manual work, lowers operational costs, and reduces errors.
Backed by deep industry expertise, Modulr brings over a decade of experience as a regulated payments provider, delivering the reliability required to run mission-critical finance operations at scale. Processing more than 200m transactions and over £180bn in payment value on an annualised basis, Modulr is trusted by over 6,000 businesses, from fast-growing SMEs to global enterprises, including through a partnership with global financial technology leader FIS. As founding shareholders of the UK Payments Initiative (UKPI), Modulr provides direct access to commercial Variable Recurring Payments.
Modulr is authorised and regulated as an electronic money institution (EMI) in the UK by the Financial Conduct Authority (FCA) and in Europe by De Nederlandsche Bank (DNB).
To learn more, visit modulrfinance.com. Follow Modulr on LinkedIn and YouTube.
