£19.8M
The opportunistic financing round was led by customers and existing investors including PayPal Ventures, AFG Partners and Cambridge University.
"We have premium customers, so it’s a great sign that those customers want to become investors"
P
PayPal
CorporatePortfolio
3
companies
By category
- FinTech£119M
- AI/ML£19.8M
By location
- London£139M
Portfolio companies
Codat
Codat builds universal API infrastructure for small business data.
M
Modulr
Modulr provides a payments as a service API for digital businesses.
RA
Robin AI
Robin AI builds legal artificial intelligence tools for corporate clients.
Team
Anil Hansjee
partner
Anil brings investment experience from Fabric Ventures and PayPal Ventures, alongside board roles across several financial technology companies. His background includes prior experience at Google, PayPal, EQT, and JP Morgan Chase.
LinkedInPS
Peter Sanborn
Recent investments
£81.2M
JP Morgan Growth Equity Partners led the Series C round alongside participants Canapi Ventures, Shopify, Plaid, Index Ventures, and PayPal Ventures.
"Today, we’re in the age of ‘dial-up’ when it comes to business data."
£29.0M
The Series B round was led by Tiger Global with participation from Index Ventures and PayPal Ventures.
"The number of SMB-focused software products will continue to proliferate, and we expect many of these products to be powered by Codat in the future,"
Tiger Global + 2 others
The business data API provider added PayPal Ventures and American Express Ventures to its investor base alongside Index Ventures.
"We’re excited to welcome American Express Ventures and PayPal Ventures as investors to further our mission to make life easier for small businesses"
£9.0M
PayPal Ventures led the Series C follow on investment to support product development and team expansion.
"More digital businesses are looking to incorporate payments into their existing user experience but either don’t have the expertise or the resources. Modulr is well-positioned to be an enabler of this trend and will undoubtably expand end-users’ access to fast, reliable and secure financial services. We look forward to working with Modulr as it helps to powers the next generation of digital businesses."