Modulr

About

Modulr is a fintech company that provides a payments as a service API for digital businesses.

London,England,United Kingdom
251 - 500
https://www.modulrfinance.com

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: £83M
Industries: Financial Services,FinTech,Mobile Payments,Payments
Founded date: Dec 1, 2015
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Modulr Finance Limited
Also Known As: Modulr Finance

Modulr is a fintech company that provides Payments as a Service API for digital businesses. It enables users to automate payment flows, embed payments into the platform, and build new payment products and services themselves from a single API. Modulr has direct access to the Bank of England and claims to facilitate a fast experience that digital customers demand.

The company was founded in 2015 and is headquartered in London, England.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

£145.40M

Modulr has raised a total of £145.40M in funding over 2 rounds. Their latest funding was raised on May 18, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 18, 2022	Series C	£83M	5	General Atlantic	—	Detail
Apr 13, 2021	Series Unknown	—	1	FIS Impact Ventures	—	Detail
Nov 18, 2020	Series Unknown	£9M	1	PayPal Ventures	—	Detail
May 13, 2020	Series Unknown	£18.90M	3	Highland Europe	—	Detail
Aug 14, 2019	Grant	£10M	1	Capability and Innovation Fund	—	Detail

Investors

Number of Lead Investors

Number of Investors

8

7

Modulr is funded by 7 investors. General Atlantic and FIS Impact Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
General Atlantic	Yes	Series C
FIS Impact Ventures	Yes	Series Unknown
Capability and Innovation Fund	Yes	Grant
Blenheim Chalcot	—	Series C
Frog Capital	—	Series C
Highland Europe	—	Series C
PayPal Ventures	—	Series C