4 years ago
Modulr Secures Growth Investment from FIS Ventures to Enhance Payments Solutions
London-based fintech company Modulr has secured a growth investment from FIS Ventures, the corporate venture arm of financial technology giant FIS
The investment will be used to further develop Modulr's payments solutions and innovative services for businesses of all sizes
Modulr aims to revolutionize business banking by providing a seamless and automated payment experience
FIS recognizes the value of Modulr's API-based payments infrastructure and plans to leverage it to enhance its real-time payments strategy in the UK and Europe.
ProblemFinancial Services
"Businesses need to integrate payments efficiently into their existing systems and processes, but traditional banking solutions are often slow, inflexible, and difficult to integrate."
Solution
"Modulr provides a Payments-as-a-Service platform that allows businesses to automate and embed payments directly into their platforms through APIs. This enables real-time payments, streamlined payroll, and simplified financial operations for businesses of all sizes."