Friday, April 23, 2021

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EverUp: Selects Modulr for payments platform

  • The prize-linked savings app EverUp has chosen the Payments as a Service FinTech Modulr to power its payments infrastructure
  • The partnership means that EverUp will be able to offer its customers the UK’s first digitally native, prize linked money savings app
  • EverUp hopes to rival other well-known saving vehicles with cash prizes such as NS&I’s Premium Bonds monthly prize draw
  • Modulr one of the few non-bank payment service providers to become a directly connected participant of the UK’s Faster Payments Scheme
  • Through Modulr’s API-driven platform, EverUp can easily create individual money accounts* for each of its customers so that they can start funding their account
  • Modulr’s out of the box payments plumbing has given EverUp the ability to build easily and launch quickly

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