Modulr FS Limited is an electronic money institution focused on providing payment accounts for businesses. Incorporated in the United Kingdom, Modulr FS Limited is authorized and regulated by the Financial Conduct Authority.
Modulr FS do not conduct operations with cryptocurrencies.
Modulr FS Limited is authorized by the Financial Conduct Authority (reference number 900573) for issuance of electronic money, refund of electronic money, placing cash to a payment account, withdrawing cash from a payment account, execution of payment transactions on a payment account (not covered by a credit line), execution of payment transactions on a payment account (using a credit line), issuing payment instruments or acquiring payment transactions, money remittance, execution of payment transactions via telecoms, IT system or network operator, account information services. The authorization was granted on 22 June 2018.
Due to EEA passport rules Modulr FS Limited, can conduct its activities in any of the 31 EEA member states. Modulr FS Limited do not participate in deposit guarantee schemes.
Modulr FS Limited is a SWIFT member and a SEPA (SCT) scheme participant.