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

PayPal Expands Payment Links to Canva Creators

Canva users can now easily monetize their designs with PayPal's new feature. Highlights: PayPal's payment links feature is now...

Perpetuals Strengthens AI with Quantum Resilience as a Service

The new offering promises enhanced stability and security for fintech operations. Highlights: Perpetuals launches unique Quantum Resilience as a...

Revolut Introduces AI Assistant for Money Management

New feature aims to enhance personal finance management for users. Highlights: Revolut launches an AI assistant for better money...

Revolut Enhances Services with AI Assistant for Money Management

The new feature aims to simplify personal finance management for users. Highlights: Revolut launches AI assistant feature for usersNew...