HiBob partners with Modulr to automate payroll payments for scaling businesses, removing manual exports and separate bank portals from the pay day workflow.
UK payments infrastructure provider Modulr expands into the US through a partnership with FIS, marking its first market outside Europe and adopting a different playbook.
UK BaaS provider Modulr stops onboarding new agents or distributors unless FCA approval is granted, while EU operations and direct customers remain unaffected.