Modulr receives strategic investment from the venture arm of FIS
Modulr receives strategic investment from the venture arm of FIS
• FIS Ventures invests in leading UK FinTech Modulr, as it drives real-time payments solutions and capabilities at a global scale.
• Modulr, the payments platform, is regulated by the Financial Conduct Authority and Central Bank of Ireland, with the EMI also benefiting from direct access to the Bank of England.
• The corporate and business payments market, in which Modulr operates, is considered to be worth $2 trillion, nearly five times as large as consumer payments.