Case Study: Modulr Finance achieves FCA regulatory compliance and accelerated KYC/KYB onboarding with NorthRow

NorthRow helps Modulr ensure FCA regulatory compliance

Modulr Finance, an API-driven fintech that provides automated B2B payments, needed to ensure FCA regulatory compliance as an Authorised Electronic Money Institution. Facing the requirement to run national and international KYC and KYB checks that integrated with its own platform, Modulr Finance selected NorthRow’s multi-source identity verification and risk‑scoring platform for its combined KYC/KYB capability, realistic pricing and partnership-focused support.

NorthRow implemented a single‑API solution that automates real‑time KYC, KYB, AML and sanctions/PEP screening, plus bespoke risk scoring and ongoing monitoring. The deployment delivered faster, more secure onboarding, reliable Pass/Fail/Refer decisioning with a full audit trail, improved operational efficiency and continuous compliance support — enabling Modulr Finance to meet FCA obligations and base its business decisions on a complete, real‑time data set.

Modulr Finance

Martin Threakall

COO