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

CaixaBank Launches AI Agent to Enhance In-App Purchases

New technology aims to simplify shopping experiences for users. Highlights: CaixaBank's new AI agent assists customers in making in-app...

Northern Trust Strengthens Asset Management with Tokenized Money Market Share Class

New offering aims to enhance liquidity and investment flexibility. Highlights: Northern Trust introduces a tokenized money market share class.This...

FundBank Strengthens Position with Acquisition of TRRUE Blockchain Firm

The acquisition enhances FundBank's capabilities in blockchain technology. Highlights: FundBank has acquired the Irish blockchain firm, TRRUE.The acquisition aims...

Visa Strengthens Ties as Anchor Investor in PayPay IPO

Visa commits to supporting PayPay's growth through IPO investment. Highlights: Visa invests as anchor in PayPay's IPO.This move highlights...