Take money from buyers, settle sellers — compliantly.
Stop stitching a PSP, a wallet provider, a KYC vendor and an escrow bank together. Modena runs all of it under one EU Payment Institution licence — so your team can stay focused on why buyers and sellers come to you in the first place.
- Onboarding
- Seller live in < 10 min
- Coverage
- 30 EEA markets
- Payouts
- SEPA Instant ≤ 10s
Buyer
Checkout
Modena pay-in
Cards · SEPA · local
Marketplace wallet
Hold · split · route
Seller payout
SEPA Instant
Marketplace payments break in four predictable places.
The structural costs of building your platform on a generic PSP.
Money flowing through your platform = regulated activity.
If buyer funds land in your bank account before reaching the seller, your platform is acting as a payment service provider. That means a PI licence (six- to seven-figure euros, 12+ months) or agent status — most teams discover this only when their bank closes the account.
Refunds and disputes are a manual nightmare.
Once the seller has been paid, recovering money for a buyer's refund means clawing it back from someone who has already spent it. Without an escrow layer, every dispute is an ops ticket and a write-off risk.
Per-seller KYB is mandatory under 5AMLD above thresholds.
Identity, registry lookup, UBO check, sanctions and PEP screening — done manually it's hours per seller, days when something looks off. Doing it badly is an enforcement action waiting to happen.
Split-payment logic is custom code that has to be re-written for every method.
Commission to the platform, remainder to the seller, VAT into the right bucket, third-party fees (logistics, insurance) to wherever they belong. Cards, SEPA and each local method behaves differently — and every change means a release.
Modena replaces those four problems with five primitives.
The same problems, neutralised by infrastructure built for the job.
Segregated wallet per seller
Money never lands in your own account. Each vendor has a ring-fenced client-money wallet at an EU credit institution — which means you don't need a PI licence yourself.
Atomic split at the moment of purchase
Specify commission, seller share and any third-party fee in the pay-in call. Modena books all parties in one ledger write — no end-of-day reconciliation, no commission errors.
Hold and release for escrow-style flows
Captured funds stay in the wallet until you mark the order delivered, the dispute window closes, or any other rule you encode. Refunds happen before money has changed hands.
KYB plug-and-play
Hosted onboarding for individual and business sellers, registry + UBO + sanctions screening built in, ongoing monitoring after go-live. Your team never reads a passport.
Cards, SEPA and local methods, one contract
iDEAL, Bancontact, Blik, Swish, Trustly, SEPA Credit Transfer, SEPA Direct Debit and cards — all behind one API, one settlement and one set of fees. No per-country PSP roulette.
Why your buyers and sellers feel the difference.
Modena infrastructure isn't a back-office detail — it's the experience your customers actually notice.
What sellers get
- Onboarding in under 10 minutes, not a back-and-forth email thread.
- A wallet with clear available, pending and held balances — visible in your seller dashboard.
- Same-day or instant payouts to their bank, even on weekends, via SEPA SCT Inst.
- Predictable commission, deducted at the source — no "surprise charges" reconciliation.
What buyers get
- Pay with the method they actually use — cards, iDEAL, Bancontact, Blik, SEPA.
- Money held safely until delivery, refunded automatically if the order falls through.
- Refunds returned to the original payment method, with no manual ticketing.
- PSD2-compliant 3-D Secure where it matters, frictionless flows where it doesn't.
Collect, hold, split, settle — in ~30 lines.
A short, real flow — copy it into your repo and start extending.
255,255,255,0.4)">// 1. Create wallets "color:#FFE66D">for the marketplace and each seller.
"color:#FFE66D">const platform = "color:#FFE66D">await modena.wallets.create({ owner: "platform", purpose: "marketplace" });
"color:#FFE66D">const seller = "color:#FFE66D">await modena.wallets.create({ owner: seller.id, purpose: "seller" });
255,255,255,0.4)">// 2. Pay-"color:#FFE66D">in "color:#FFE66D">from the buyer. Split 10% commission to the platform.
"color:#FFE66D">const payin = "color:#FFE66D">await modena.payins.create({
amount: 12000,
currency: "eur",
payment_method: "sepa_credit",
wallet: seller.id,
splits: [{ wallet: platform.id, amount: 1200 }],
reference: "Order #4281",
}, { idempotencyKey: crypto.randomUUID() });
255,255,255,0.4)">// 3. After delivery confirmation, release held funds to the seller wallet.
"color:#FFE66D">await modena.payins.release(payin.id);
255,255,255,0.4)">// 4. Trigger a payout to the seller's bank on SEPA Instant.
"color:#FFE66D">await modena.payouts.create({
wallet: seller.id,
amount: 10800,
currency: "eur",
beneficiary: seller.bankBeneficiaryId,
method: "sepa_instant",
});You build the marketplace. We make sure you don't have to apply for your own PI licence, design your own KYB process, or run refund accounting manually.
Five things that hold whether you run a marketplace, a crowdfund, or a gig platform.
The product changes per vertical. The structural reasons to build on Modena don't.
You don't have to become a bank.
A PI licence is a years-long, multi-million-euro project. Modena gives you that infrastructure on day one — without the licensing detour.
Fund segregation is not optional.
5AMLD, PSD2 and ECSP each require it. Modena does it by default — every wallet on the platform is a segregated client account at an EU credit institution.
KYC and KYB are solved problems.
Built-in onboarding for individuals and businesses, ongoing monitoring, and audit trail — so your team isn't building compliance ops from scratch.
Integration speed = time to market.
Lemonway and Mangopay measure onboarding in quarters. With Modena it's weeks: typed SDKs, sandbox in an hour, and engineers on a shared Slack.
EU-native, end to end.
Estonian-licensed, EEA-passported. Jurisdiction, data residency, regulator and customer support all sit in the EU — not in the US, not in post-Brexit UK.
A payments partner that speaks your vertical.
Share what you're building. We'll map your flow to Modena APIs and come back with a plan.