Modulr
UK payments platform where virtual and physical company cards sit beside accounts, pay-outs and collections, with bundle prices published
Quick Overview
| Company | Modulr Finance Limited / Modulr FS Limited |
|---|---|
| Category | Card Issuing Platforms |
| Headquarters | United Kingdom, United Kingdom |
| Founded | Not stated |
| EU Presence | Yes - United Kingdom (FCA) |
| Data Location | Not specified on the vendor pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Virtual and physical cards, accounts in several currencies, pay-outs, collections, API and sandbox, accounts payable, payroll payments, spend management |
| Pricing | Bundle plans from GBP 30 per month (Bronze), GBP 110 (Silver), GBP 500 (Platinum); platform pricing separate |
| Best For | UK finance teams and software platforms wanting payments, accounts and company cards |
| Replaces | Marqeta, Stripe Issuing, Lithic |
Detailed Review
Modulr Finance Limited (England, 09897957) is an agent of Modulr FS Limited (09897919), which the FCA authorises as an electronic money institution. The site is aimed both at businesses buying plans and at platforms using the API.
Cards appear on the platform product list next to accounts, pay-outs and pay-ins.
Plans you can read
The pricing page lists Bronze at GBP 30 per month with 80 payments, Silver at GBP 110 with 500, and Platinum at GBP 500 with 3,000, plus per-payment fees above the allowance. Virtual company cards are noted within the bundles.
Corporate and enterprise platform pricing is separate and listed as on request.
Cards as part of payment automation
The emphasis is accounts payable, payroll payments and spend management, so cards are a tool for paying suppliers and staff rather than a consumer product. Virtual and physical company cards are offered.
API access with a sandbox suits platforms building on top.
UK first
Pricing is in pounds and the legal entities are English. Languages offered include English, Spanish and French, though the regulatory base is the FCA.
A buyer serving EU cardholders should ask how EU programmes are contracted.
Limitations to Consider
Modulr's published bundles cover business payment automation, not a card programme with your own BIN. Pricing is in pounds and the contracting entities are British, so EU cardholder programmes need a conversation about passporting. Consumer or credit programmes are not described. For EU-licensed sponsorship look at Paynetics or Wallester.
Who Should Use Modulr
UK businesses and platforms that want company cards, accounts and pay-outs on an FCA-regulated platform with a visible price list.
Pros and Cons
Pros
- Bundle prices published
- FCA-regulated entity
- Cards beside accounts and pay-outs
- API and sandbox
- Accounts payable features
Cons
- Pound pricing, UK entities
- No own-BIN programme described
- No consumer or credit cards listed
- Enterprise price on request
Alternatives to Modulr
Other European card issuing platforms worth comparing before you decide:
Wallester
Estonia · Estonian Visa principal member with white-label IBAN and card issuing
Swan
France · Paris e-money institution embedding accounts and cards via API
Treezor
France · French e-money institution selling cards as a modular service
Enfuce
Finland · Helsinki issuer processor running card programmes per tenant
See all European card issuing platforms or compare them directly against Marqeta on our alternatives page.
Frequently Asked Questions
Bundle plans listed are GBP 30, GBP 110 and GBP 500 per month with payment allowances. Platform pricing for corporates is separate.
Modulr FS Limited is authorised by the FCA as an electronic money institution, and Modulr Finance Limited is its agent.
Yes, virtual and physical company cards are listed on the platform and within the bundles.