Myles Stephenson is founder and chief executive of Modulr, a UK and Dutch e-money institution whose accounts let businesses and platforms automate payroll, supplier payments and payouts. "We want to make tired old payment technology a thing of the past for neglected accountants and SMEs," he told The Scotsman in 2019. Read our review of Modulr.
Graduate Years at Marks & Spencer
He studied biochemistry at the University of Oxford and joined the Marks & Spencer graduate scheme, where he stayed five years. He moved into payments as a product manager at Retail Decisions.
Selling CorporatePay to WEX
He founded CorporatePay, a corporate payments business, in 2008 and sold it to WEX in 2012. He stayed on to run WEX Europe.
Starting Modulr with Blenheim Chalcot
He started Modulr in 2016 with Blenheim Chalcot, the London, England, venture builder. "Opening bank accounts was a significant challenge and technology access to automate processes simply wasn't available," he said in 2017 of the problem Modulr set out to fix.
