We’re building the new digital payment service to make money flow more efficiently through businesses and the economy.
Whether customer, supplier or payroll transactions, how money flows between businesses and people drives economic growth.
New online business models, consumer expectation for instant services and tightening regulation place new demands on how businesses transact.
Businesses across alternative lending, payments fintech and payroll services need to be able to take, manage and make payments quickly and easily. But current payments infrastructure is too complex and inefficient.
Payments are too slow, difficult to track and overly reliant on manual processing. This limits transactions, limits business and limits economic growth.
With smarter infrastructure, plugged into a growing network of UK, European and Global payments schemes. And smarter services, built around a new type of payment account.
So payments are faster, easier and more reliable. And money flows more efficiently through businesses and the economy.
The business payments landscape is complex and inefficient. We’re building the smarter network, working closely with the banks, regulators, payment schemes and finance systems. So businesses can just plug in and start opening accounts.
We build smart payments technology, so businesses don’t have to. The Modulr API integrates with any platform or system. Making it easy to build payment efficiency into the heart of any business or product.
Payments should fit around the business, not their bank. Modulr builds solutions to the biggest business payment challenges. With our digital payments accounts at the core, we’re constantly developing new services – or modules - that free businesses to move money in new and better ways.
The payments industry is attracting unprecedented attention from regulators and governments. Regulatory change is creating opportunity for innovation. Modulr works closely with regulation such as EU’s 2nd Payment Services Directive (PSD2) and UK’s Open Banking regulation to leverage that opportunity. So we can transform payment, business and economic productivity.
Modulr is authorised and regulated by the FCA as an Electronic Money Institution (FRN: 900573). So we can issue accounts with sort codes and Euro IBANs. Our accounts access existing payments services – Bacs, CHAPS, Faster Payments, SEPA and (soon) Mastercard - so businesses can receive and make payments easily.
All built on a secure platform with multi-factor authentication, activity observation and regular penetration testing.
*Modulr FS Limited is Authorised and Regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573). Modulr Holdings Limited is the Parent Company of the Modulr Group of Companies.
Modulr moves money for businesses across lending, payment fintech, payroll services, travel, marketplaces and more.
Modulr helps Liberis to automatically split payments directly from their customers’ card terminals. Reducing payment processing costs by 35%.Read more
Modulr helps Bubble deliver an automated payment service through its platform. So babysitters can get paid instantly. And Bubble can scale their service, without scaling their finance team.Read more
“Quite simply, Modulr offered a great solution for our business needs. Where we were faced with complexity, which would have slowed development, Modulr has brought us simplicity, clarity, speed to market and great service – their team clearly knows the technology inside out and they are quick to respond with effective solutions and advice. They give us comfort and trust in their service.”
“Previously, it was quite a manual process. We had to log onto different bank portals for each of the companies we work with. That took up a lot of time. Now it’s just a matter of clicking the payment transfer button within Payesoft.”