Modulr, an embedded payments leader, has expanded its presence and product functionality in France and Spain. With regulatory and branch registration approvals from the Banque de France and Banco de España, Modulr can offer localized payment solutions in these markets. The company’s flexible APIs allow businesses to embed payment and account functionality into their own tech stack, enabling secure and compliant money transfers across the UK and EEA.
Facts
- Modulr announces deeper presence and product functionality for the French and Spanish markets.
- Regulatory and branch registration approvals were obtained from the Banque de France and Banco de España.
- Modulr’s flexible and scalable APIs enable businesses to embed payment and account functionality into their tech stack.
- Real-time, 24/7 operation and automated high-volume income payment reconciliation offered by Modulr.
- Modulr has experienced significant growth, with 168% increase in customers and an almost 580% transaction volume increase in 2022.
- Modulr is an authorized and regulated Electronic Money Institution (EMI) in the EU and the UK.
- Modulr launches French and Spanish IBANs, expanding its operations and supporting the expansion ambitions of UK and European clients.
