London based payments-as-a-service API platform raised £18.9m in growth funding led by Highland Europe.
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Modulr raises £18.9m for its ‘Payments as a Service’
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“We are solving the problem of relationship and technical access to commercial and wholesale transaction banking,” co-founder and CEO Myles Stephenson tells TechCrunch. “We’re providing a complete alternative to using a bank for payments: technology, regulatory permissions and direct access to the payment schemes.”
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