Profile rates
Data-derived · A is broadestThree named tiers comparing this institution against the rest of the European register.
- Reach
- Pan-EuropeanTier A
- Scope
- Full-serviceTier A
- Tenure
- GrowingTier C
Passports into 29 EEA jurisdictions.
Authorised for 8 payment-services activities.
Authorised 4 years ago.
About this institution
Verified active. Modulr Finance B.V. holds a current Netherlands e-money licence issued by De Nederlandsche Bank on 24 December 2021. The entity's authorisation continues under reference R182870. The licence scope covers eight distinct activities: account information services, cash deposit and withdrawal services on payment accounts, execution of payment transactions, issuance of electronic money, issuing payment instruments and acquiring payment transactions, payment initiation services, and safeguarding of customer funds. This breadth positions Modulr as a multi-function payment services provider rather than a single-activity operator.
The licence reaches across the full EEA. Modulr is passported into 29 host states, as recorded in the register. The principal jurisdictions include Germany, France, Spain, Italy, Poland, Netherlands, Belgium, Austria, Sweden, Denmark, Finland, Norway, and Iceland. The register also lists passporting into Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Ireland, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Portugal, Romania, Slovakia, and Slovenia. This geographic coverage reflects the entity's established multi-state operational footprint.
The register confirms operational status as active as at the last cross-check. Cross-checked against De Nederlandsche Bank's records under licence reference R182870.
Licence timeline
3 dated eventsDated events for Modulr, from the register record and this directory’s daily cross-checks. Status changes are recorded as they are observed.
Cross-checked against the De Nederlandsche Bank register
Automated daily verification of licence status and reference.
First verified and added to this directory
Licence granted by the De Nederlandsche Bank
Position in the Netherlands register
Netherlands EMIs
62
Active
62
Full / small licences
31 / 31
Licence age rank
33/62
Modulr is one of 62 e-money institutions on the Netherlands register, 62 of which are currently active. Its licence is the 33rd oldest of the 62 dated Netherlands EMI authorisations, one of 7 granted in 2021.
Is your money safe with Modulr?
Modulr holds an e-money authorisation from De Nederlandsche Bank, which means client money must be safeguarded: held separately from the firm's own funds at a credit institution, or covered by an equivalent insurance policy. E-money is not a bank deposit - it is not covered by a national deposit guarantee scheme, so there is no automatic compensation payout if the firm fails.
If an authorised EMI becomes insolvent, safeguarded funds sit outside the insolvency estate and are returned to customers by the administrator - repayment can take time, and administration costs may be deducted along the way.
EEA passporting
29 jurisdictionsUnder the EU passporting regime, Modulr can provide services across the following EEA jurisdictions, in addition to its home authorisation in Netherlands.
Denmark9
Ireland9
Bulgaria9
Italy9
Romania9
Sweden9
Lithuania9
Portugal9
Austria9
Norway9
Czech Republic9
Estonia9
Malta9
Germany9
Spain9
Iceland9
Liechtenstein9
Poland9
Finland9
Slovenia9
Luxembourg9
Greece9
Belgium9
Cyprus9
Croatia9
Slovakia9
Hungary9
France9
Latvia9
Authorised activities (PSD2 / EMD2)
Payment-services activities Modulr is permitted to carry out under its licence, as recorded in the register.
- Cash withdrawal services on a payment accountPSD2_2
- Safeguarding of customer fundsSAFEGUARDING
- Account information services (AIS)PSD2_8
- Payment initiation services (PIS)PSD2_7
- Issuance of electronic moneyEMI_ISSUANCE
- Issuing payment instruments and acquiring payment transactionsPSD2_5
- Cash deposit services on a payment accountPSD2_1
- Execution of payment transactions on a payment accountPSD2_3
Frequently asked questions
- Is Modulr a licensed e-money institution?
- Yes. Modulr holds EMI authorisation from De Nederlandsche Bank in Netherlands, licence reference R182870. Its authorisation is currently active and is cross-checked against the EBA EUCLID register.
- Who regulates Modulr?
- Modulr is authorised and supervised by De Nederlandsche Bank in Netherlands. Its e-money licence and current status are listed on the EBA EUCLID register at euclid.eba.europa.eu.
- What is Modulr's licence or FRN number?
- Modulr's licence reference number is R182870. Enter it on the EBA EUCLID register at euclid.eba.europa.eu to confirm the institution's identity and that its authorisation is in force.
- Is Modulr authorised in other EEA countries?
- Yes. Modulr is passported to 29 EEA jurisdictions, meaning it can provide e-money and payment services across those countries on its home authorisation.
Sourced from the FCA Financial Services Register and the EBA EUCLID register; cross-checked daily.
Other licensed institutions in Netherlands
Registered office
- Street
- Strawinskylaan 4117
- City
- AMSTERDAM, 1077ZX
Ratings & reader notes
103 ratings · 0 written notes
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- 4★28
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- 1★4
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