wamo, the digital business account provider for SMEs, announced that it is partnering with Modulr as its new Banking-as-a-Service (BaaS) provider.
In brief:
-wamo’s mission is to power the growth of SMEs by making it easy to access a business account and a network of partners.
-This partnership aims to strengthen SME business account offering in the EU and UK
-Future plans include providing wamo business account holders with access to credit, credit cards and a USD account on top of all of wamo’s current features.
What does this mean?
“Modulr is excited to partner with wamo to unleash the power of embedded payments in their business banking platform,” said Tony Byers, Chief Customer Officer at Modulr.