Award-winning fintech innovator Modern World Business Solutions (MWBS) has today announced it has secured a £9 million growth fund to fuel the next phase of its expansion across the UK’s fast-evolving business payments and merchant services landscape.

The funding will enable MWBS to scale from 60 to over 200 employees within the next 18 months and expand its operations into underserved segments of the Merchant Services and Software market.

Modern World Business Solutions is widely recognised and celebrated for its Acquirer-agnostic, brand-neutral approach, which has made its mark by streamlining the way UK businesses access and manage card payment solutions. The company’s unique value proposition is its ability to compare, customise, and deliver best-fit payment solutions to SMEs and growing enterprises without being tied to any single Acquiring Bank, Payment Processor or Hardware Provider; ensuring the Merchant has the right solution for them and their business.

Meeting the Moment in Business Payments

With card and contactless transactions now dominating UK consumer behaviour, Modern World Business Solutions positions itself at the heart of the payments ecosystem, offering flexibility, transparency, and cost-saving comparisons for businesses across every sector.

“While fintech innovation often focuses on consumer apps and neobanking, we’re building the infrastructure that powers the businesses behind them,” said Warren Whitfield, founder and CEO of Modern World Business Solutions. “This fund allows us to scale our team, deepen our market intelligence, invest further in ground-breaking tech-development and deliver even greater value to UK businesses navigating the complexities of taking card payments.”

A Market Ripe for Disruption

The announcement comes as demand for independent, compliant and easily comparable payment solutions continues to rise. Regulatory changes from the Payment Systems Regulator (PSR) have opened the door for businesses to more easily switch providers, review fees, and reduce long-term operating costs.

The online platform developed in-house by Modern World Business Solutions empowers business owners to quickly compare merchant service offers, including hardware, transaction rates, and settlement timelines, which ensures complete transparency and control. By simplifying the process of acquiring payment services and demystifying associated costs, MWBS is setting a new standard for customer-first fintech.

Innovation and Recognition

In the past two years alone, Modern World Business Solutions has received multiple industry accolades for technology innovation. These accolades recognise Modern World Business Solutions’ commitment to accessible, scalable fintech solutions that grow with the businesses they support.

The £9m fund will support:

• Rapid team expansion in sales, development, customer success, and compliance
• Enhanced infrastructure for onboarding, merchant switching, and real-time transaction insights
• Deeper market penetration within the hospitality, retail, professional services, and e commerce sectors

Crucially, in an industry first, the funding comes without any change in equity, allowing MWBS to continue their agnostic approach, committed to providing Merchants with transparent fees and a payment solution that genuinely works for them and their customers.

“This is about more than growth, it’s about creating a fairer, more transparent payments for all businesses,” added Warren. “Our focus remains on building tech that works for every business, not just big brands.”