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Modulr secures GDP 18.9 mln for alternative payments solution

News | Payments General | 13 May 2020

Modulr, a UK-based fintech, has secured GDP 18.9 million in funding to develop ‘Payments as a Service’ as an alternative to commercial and wholesale transaction banking.

Modulr, Payments-as-a-Service, transaction banking, commercial banking, Highland Europe, Frog Capital, payments platform, Capability and Innovation Fund, Faster Payments, BACS, bank payments schemes, fintech, Visa, alternative banking, lending, Revolut, Sage, Liberis, Salary Finance, iwoca

Monzo to enter business banking with RBS fund bid

News | Payments General | 23 Nov 2018

UK-based challenger bank Monzo has announced the launch of a business account in the coming years.

Monzo, product launch, RBS fund, payments , digital banking, Alternative Remedies Package, Capability and Innovation Fund, UK