Payments-as-a-Service FinTech Modulr and ethical FinTech Soar will deliver real-time payments and support solutions for businesses across Europe.
In Brief:
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Modulr delivers a digital alternative to processing payments.
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It can be fully integrated by a business.
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Its system will mean Soar can build digital banking solutions for credit unions and Community Development Financial Institutions.
What does this mean?
Soar says that with the support of Modulr it will be able to grow its business. The goal is to expand into new markets, with “millions of consumers” set to be served across the UK first.