Modulr
Modulr offers a range of payment products and solutions for various sectors, with features like automation, real-time processing, and a modular platform. The company is regulated by the Financial Conduct Authority and De Nederlandsche Bank, and has offices in London, Edinburgh, Amsterdam, and Dublin.
Modulr Payment Products
Modulr offers a range of payment products designed for efficiency and integration. These include UK Payments, EU Payments, Cards, Open Banking, and Account Services. The platform supports the full spectrum of business payment needs, providing comprehensive solutions for each stage of the payment process.
Modulr Integration and Developer Tools
Modulr provides a dedicated API and sandbox environment for developers. These tools enable seamless integration and testing of payment solutions. Businesses can take advantage of features such as automation with 'if this, then that' rules, instant customer notifications through webhooks, and the ability to design and issue physical and virtual cards.
Payment Solutions for Various Sectors
Modulr offers tailored payment solutions for multiple sectors, including Financial Services, Travel, Accountancy & Payroll, and Small Business. By leveraging its modular platform, businesses in these sectors can build and customize their payment solutions incrementally, enhancing efficiency and customer experience.
Regulatory Compliance and Security
Modulr is directly regulated by the Financial Conduct Authority in the UK and De Nederlandsche Bank in the Netherlands. The platform is secure, utilizing multi-factor authentication, activity observation, and regular penetration testing to ensure the safety of transactions and data. These stringent measures help maintain trust and compliance in the financial industry.
Funding and Expansion
Modulr raised $108 million in Series C funding led by General Atlantic. This funding enables the company to expand its innovative payment solutions and support more businesses. Modulr has offices in London, Edinburgh, Amsterdam, and Dublin, indicating its commitment to broadening its reach and impact in the payment technology space.