UK-based paytech Modulr has entered the US as a part of a strategic partnership with world fintech FIS.
The partnership will allow FIS to leverage Modulr’s expertise for its cloud-native orchestration platform Cash Motion Hub.
Based in 1968 and headquartered in Jacksonville, Florida, FIS has been a Finovate alum since 2010.
UK-based fee expertise supplier Modulr has gone dwell in the US, bringing its real-time, API-first fee functionality to one of many largest fee markets on this planet. Modulr has solid a strategic partnership with world fintech FIS and can present important expertise for the corporate’s Cash Motion Hub, a cloud-native orchestration platform that harmonizes the funds ecosystem by integrating main world networks through a single API.
“Increasing into the US is a pure step for Modulr as we reply to rising world demand for real-time, dependable funds infrastructure,” Modulr Founder and CEO Myles Stephenson stated. “Our partnership with FIS is a collaborative launchpad, combining our confirmed experience with FIS’s deep market presence to assist US monetary establishments modernize, innovate, and unlock the complete potential of prompt funds.”
FIS Cash Motion Hub provides a unified level of entry to real-time, batch, and cross-border fee rails, enabling monetary establishments to offer their prospects with quicker, extra versatile providers. For its half, Modulr brings in depth expertise in accessing fee schemes throughout the UK and Europe, together with the corporate’s direct participation within the UK’s predominant fee schemes, Quicker Funds and Bacs, in addition to SEPA and SWIFT entry.
“Modulr’s experience in funds and scalable options completely enhances FIS’s expansive attain,” FIS Co-President, Banking Options, Jim Johnson stated, “making a powerhouse for innovation, effectivity, and growth throughout the cash lifecycle.”
Processing greater than 300 million transactions a 12 months, with a complete fee quantity of greater than £150 billion, Modulr’s API-first platform permits firms to embed funds into core options and providers. With deployments throughout a community of greater than 15 ERP, accounting, payroll, and journey reserving integrations—together with Sage, BrightPay, Xero, and Juniper—Modulr’s funds hub offers prospects with better effectivity, management, and safety. Based in 2015 and headquartered in London, Modulr is a regulated Licensed Digital Cash Establishment (AEMI) within the UK below the Monetary Conduct Authority and is regulated within the Netherlands by De Nederlandsche Financial institution.
A Finovate alum since 2010, FIS most lately demoed on the Finovate stage at FinovateFall 2016. The corporate offers complete monetary providers together with fee processing, banking expertise, and monetary software program, working with banks, retailers, and capital markets companies to enhance effectivity, scalability, and safety. Headquartered in Jacksonville, Florida, and based in 1968, FIS works with 95% of the world’s main banks and has greater than 14,000 shoppers throughout 150 nations. FIS counts 90% of personal fairness companies, 70% of the highest 100 insurance coverage companies, and greater than 4,900 monetary providers firms and credit score unions amongst its prospects and companions.
FIS ended 2025 being acknowledged as a Chief within the Gartner Magic Quadrant for retail core banking techniques in North America. Stephanie Ferris is the corporate’s CEO and President.
Photograph by Vlado Paunovic on Unsplash
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