Tag: Modulr

Wamo, a UK-based FinTech firm, is making strides in the financial technology industry. 

wamo, a prominent digital business account provider for SMEs, has declared its new alliance with Modulr, a renowned Banking-as-a-Service (BaaS) provider.

Embedded payments platform Modulr has raised $108m in a Series C funding round headed by investor General Atlantic.

Payments platform Modulr has teamed with enterprise blockchain and crypto solutions firm Ripple to enable quicker payments into the UK and Europe.

API payments infrastructure platform Modulr has received an investment from FIS Ventures, the investment division of FinTech solution developer FIS.

Lanistar has been accused of failing to pay its workers on time, suffering from low staff morale, postponing launches, mishandling influencer contracts and of making many employees redundant.

Revolut has launched of Confirmation of Payee, new feature enabling UK customers to be certain that their payments go to the intended recipient.

Fraud-fighting RegTechs and digital payment providers were among the 34 rounds raised by the FinTech industry last week, areas that are becoming more important during the pandemic.

Influencer and Mastercard-backed FinTech Lanistar is not allowed to operate in the UK, the Financial Conduct Authority has warned.

Payments provider Modulr has added another £9m to its coffers on the back of an investment from PayPal Ventures, which will fund the scaling of the business.