Modulr: TEMP
About Modulr

Modulr moves money efficiently
to power business productivity

We’re building the new digital payment service to make money flow more efficiently through businesses and the economy.

The payment productivity gap

Business transactions power economic growth

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.

Traditional infrastructure isn’t built for today’s demands

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.

How Modulr helps

Modulr is building
the new digital payment service

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 Smarter
Business Payments Network

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.

The New Standard
in Payments Integration

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.

The New Digital
Payment Account for Business

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 Forefront
of Regulatory Change

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.

Authorised and regulated

Modulr is authorised,
regulated and secure

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.

Who we are

Our Leadership

Myles Stephenson Chief Executive
Kevin Hayes Company Secretary
Martin Threakall Chief Operating Officer
Jakub Zmuda Chief Product Officer
Chris Brooks Chief Financial Officer
Kate Avery Chief People Officer
Andrew Dellow Chief Revenue Officer
Edwin Abl Chief Marketing Officer

Who we are

Our board

Rob Devey Chair & Senior Non-Executive Director, Modulr Group Board & Modulr FS Limited Board*; Chair, Risk Committee.
Myles Stephenson Chief Executive; Executive Director Modulr Group Board & Modulr FS Limited Board*
Kevin Hayes Company Secretary; Executive Director, Modulr FS Limited Board*
Charles Mindenhall Non-Executive Director, Modulr Group Board
Manoj Badale Non-Executive Director, Modulr Group Board
Jens Düing Non-Executive Director, Modulr Group Board
Marcia Cantor-Grable Non Executive Director
Modulr FS Limited Board

*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.

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Modulr moves money for businesses across lending, payment fintech, payroll services, travel, marketplaces and more.

We help this business cash advance provider to cut payment processing costs by 35%

Modulr helps Liberis to automatically split payments directly from their customers’ card terminals. Reducing payment processing costs by 35%.

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We help this digital marketplace to instantly and automatically pay babysitters

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.

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“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.”

Tim Philip – Chief Operating Officer, Salary Finance
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“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.”

Charlotte Rea, Task UK, a outsourcing company processing payroll using Payesoft’s software.
News & Insights

Relevant news, views and insights

Locations

Centrally located within
Britain's largest financial hubs

LONDON
One Hammersmith Broadway, W6 9DL, UK
EDINBURGH
One Lochrin Square, 92 Fountainbridge, EH3 9QA, UK