EverUp: Selects Modulr for payments platform

  • The prize-linked savings app EverUp has chosen the Payments as a Service FinTech Modulr to power its payments infrastructure
  • The partnership means that EverUp will be able to offer its customers the UK’s first digitally native, prize linked money savings app
  • EverUp hopes to rival other well-known saving vehicles with cash prizes such as NS&I’s Premium Bonds monthly prize draw
  • Modulr one of the few non-bank payment service providers to become a directly connected participant of the UK’s Faster Payments Scheme
  • Through Modulr’s API-driven platform, EverUp can easily create individual money accounts* for each of its customers so that they can start funding their account
  • Modulr’s out of the box payments plumbing has given EverUp the ability to build easily and launch quickly
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

UniCredit Strengthens Investment in Blockinvest with $4 Million Funding

The Italian bank targets innovation in blockchain technology through this investment. Highlights: UniCredit invests $4 million in Blockinvest to...

DTCC Strengthens Operations by Moving to Public Cloud with AWS and Microsoft

The Depository Trust & Clearing Corporation embraces cloud technology for enhanced services. Highlights: DTCC announces shift to public cloud...

SocGen Introduces Stablecoin for MetaMask Wallet Users

New offering enhances digital asset management for users. Highlights: SocGen's stablecoin is now available for MetaMask users.This move simplifies...

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector. Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...