📢 📢 We have secured our first-ever contract with HM Revenue & Customs for Confirmation of Payee (CoP) services. This significant milestone under the Open Banking Dynamic Purchasing System (DPS) ensures faster and safer payments. As a new supplier to secure a contract under this framework, we will help prevent fraud by validating bank account details in real-time with receiving banks and payment institutions. 💸 “This landmark contract demonstrates how modern payment technology can enhance public sector services.” - Myles Stephenson. 🔍 Learn more: https://lnkd.in/eGAjt-y9 #OpenBanking #PaymentsUnleashed #HMRC
Modulr
Financial Services
London, England 24,187 followers
Embedded Payments for every business.
About us
At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables thousands of businesses, from SMEs to enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts, and card products. We’ve created an industry-leading platform with comprehensive online tools and API access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance and Investment & Wealth. We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs, and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in a range of currencies. We are principal issuing members of Visa and Mastercard across the UK and Europe. Our regulatory permissions and governance structure underpin our business. We are regulated as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank. Today we handle over 200m transactions and £100bn payment volume on an annualised basis handling more than 30 API calls per second.
- Website
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https://www.modulrfinance.com/
External link for Modulr
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2015
- Specialties
- Payments, FinTech, Embedded payments, Financial Services, Lending, Accounting, Payroll, Travel, Merchant Payments, Wage Advance, and Business Payments
Locations
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Primary
Scale Space, 58 Wood Lane
London, England W12 7RZ, GB
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80 George Street
Edinburgh, Scotland EH3 8AN, GB
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77 Sir John Rogerson's Quay
Dublin, County Dublin D02 NP08, IE
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Strawinskylaan 4117
Amsterdam, 1077 ZX, NL
Employees at Modulr
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Mike Reid
Founder & Senior Partner: Expert at helping European software scale-up's succeed by investing equity and operational insights. I partner with CEOs…
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Laurence Garrett
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Myles Stephenson
Founder & Chief Executive, Modulr - Unlocking business growth with embedded payments
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Graham Savage
Head of Platform at Modulr
Updates
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What are the greatest opportunities in travel payments in 2025? 😎 🌎 🛫 As we look to the year ahead, what did Up in the Air's Paul van Alfen see as a major prize for OTAs when we caught up at this year's WTM conference? #Embeddedpayments #Travel #Travelpayments #WTM
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🎄 Holiday Xero payroll stress? Solved. 🎄 Payday hitting Christmas? Banks closed? Hands tied with rigid RTI and payment dates? Here’s the fix: Export. Edit. Upload. Done. With Modulr, you can adjust payment dates and keep payroll seamless, compliant, and stress-free. Ready to take control? Check out our quick guide and make holiday payroll hassle-free 👉 https://lnkd.in/eCttj2Vp #PaymentsUnleashed #XeroPayroll #SeasonalPayments
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At Modulr, not only do we want to help every company unleash the power of payments, we’re also passionate about helping to unleash potential in our local communities too. 🤝 Today, we’re incredibly proud to announce our exciting community partnership with OnSide, an amazing charity dedicated to building and supporting a network of state-of-the-art Youth Zones in economically disadvantaged areas in the UK. Over the next four years, we will donate £100,000 to support OnSide’s newest addition, WEST Youth Zone in White City, near our London office. We'll also support OnSide in bringing Youth Zones to Scotland in the coming years. To kick off our partnership, our Modulites have collected books to fill WEST’s library with childhood favourites. We're excited about the difference we can make for young people by volunteering and working with OnSide and WEST. Thank you to OnSide, WEST Youth Zone, and our amazing team of Modulites for their passion and support! 🥰 #PaymentsUnleashed #WestYouthZone #OnSide
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💼✈️Is your travel biz ready for the New Year booking boom..? Did you know that 99% of travel firms are concerned with friction in payments? As the sector rebounds post-pandemic, the right infrastructure can make or break your business during peak periods: Modulr's payment solution offers 99.99% uptime, with real-time payment capabilities and advanced security controls, helping you: - Streamline complex supplier payment networks - Reduce manual reconciliation processes - Ensure seamless multi-currency transactions Read our latest blog to find out if you are optimising your travel business's payment strategy https://lnkd.in/ep6tTNRJ #TravelTech #PaymentInnovation #Embeddedpayments
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🏨Hotels are losing $1.5 billion each year due to inefficient payment processes. ❗ Our latest blog reveals how smart payment strategies can cut cost, boost revenue and transform guest experiences: • Streamlining international transactions 💸 • Reducing manual errors ✔️ • Increasing revenue per guest 😎 https://lnkd.in/eQQHvhjW #EmbeddedPayments #Travel #Hotels #HospitalityTech #PaymentInnovation #TravelIndustry
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📅 Join Alex Kill and Joe Lines in our upcoming webinar on Wednesday 11th December at 11am, to find out more about how Modulr AP powered by Nook can benefit your business. ✅ What to Expect: - Automate Your AP Process: Say goodbye to manual tasks. Automate invoice capture, approval, payment, and reconciliation effortlessly. - Advanced OCR + AI: Utilise OCR and AI for precise data entry, reducing errors and saving time. - Seamless Integrations: Enjoy smooth integration with leading accounting software such as Xero, QuickBooks, and Sage Business Cloud Accounting. Register here 👉 https://lnkd.in/edcMZrPm #Accountspayable #PaymentsUnleashed #PaymentAutomation
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Gooding Accounts Ltd, dedicated to supporting businesses of all sizes and the local community, has slashed 3-4 hours off their monthly payroll process thanks to a seamless payment solution. ⌛ Before Modulr, manual payroll was a time-consuming and error-prone task. Now, with just three clicks, the integration with BrightPay automates everything, ensuring security and efficiency. ✅ 3-4 Hours saved per month ✅ Zero manual payments ✅ Enhanced efficiency "We needed something quick and secure. Modulr was a no-brainer.” - Sherelyn Cowles, CFO, Gooding Accounts Discover how Modulr can save you time and help your business grow. Read the full case study now 👉 https://lnkd.in/ezxJiCit #PayrollPayments #PaymentsUnleashed #PaymentAutomation
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🎄 Tackle festive payroll headaches 🎄 The Christmas period brings unique payroll challenges—but it doesn't have to be a source of stress. In our latest blog, Daniel Daly from RDA Accountants shares simple, effective tips to stay on track: ✨ Plan ahead with a solid payroll calendar ✨ Communicate clear timelines ✨ Manage bonuses and overtime with ease Read more: https://lnkd.in/g7NindM3 #SeasonalPayroll #PayrollManagement #PaymentsUnleashed
Mastering payroll during the festive season
modulrfinance.com
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🤔 Curious to find out more about how Modulr AP can benefit your business? Join Alex Kill and Joe Lines in our upcoming webinar on Wednesday 11th December at 11am, where we will dive deeper into the features, benefits, and future roadmap of Modulr AP, powered by Nook. ✅ What to Expect: - Automate Your AP Process: Say goodbye to manual tasks. Automate invoice capture, approval, payment, and reconciliation effortlessly. - Advanced OCR + AI: Utilise OCR and AI for precise data entry, reducing errors and saving time. - Seamless Integrations: Enjoy smooth integration with leading accounting software such as Xero, QuickBooks, and Sage Business Cloud Accounting. Register now 👉 https://lnkd.in/edcMZrPm #PaymentsAutomation #PaymentsUnleashed #ModulrAP