“The transparency and visibility Modulr's system provides means umbrella companies or bureaus can pay out before the funds have even cleared. As long as the recruitment agency has paid, Thursday won’t be a stressful day for payroll managers anymore.”

“With Modulr’s API and 24/7 functionality, umbrella companies and payroll bureaus now have the luxury of waiting till Friday to receive payment from agencies to pay contractors. In traditional banking there was a constant rush to either push the agencies for payments and get contractor payments done in time before …