Nebeus partners with Modulr for European expansion

Fiat accounts, payments, and cards are all part of the package that will see Nebeus help payments fintech Modulr with its expansion plans.

Nebeus has announced a partnership with payment platform Modulr as it looks to expand its crypto lending operations across the UK and Europe.

The partnership will add fiat accounts, payments and cards for Nebeus' crypto lending app, helping to bridge the gap between fiat and crypto.

Accounts and embedded features offered on Modulr, like Direct Debit, Faster Payments and SEPA Instant can now be accessed by Nebeus customers.

Another boon from the partnership are the virtual and physical card offerings, with card-freezing, real-time spend notifications and spend control features available to customers in the UK and Europe.

Through the combination of the account, payment and card updates, Nebeus will now be able to offer individual customers a dedicated digital account, with unique IBANs (EUR) and Sort Codes and Account Numbers (GBP). 

Michael Stroev, the COO and head of product at Nebeus said: "With Modulr’s support, we are one step closer to becoming the leading cryptocurrency app in Europe.”

Marca Wosoba, Modulr's managing director of Europe added: It's a great example of the growth and innovation we can spark when we make money flow more efficiently through European businesses and economy."