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£10.0M
The payments platform has secured strategic backing from the corporate venture arm of FIS.
Modulr
Modulr provides a payments as a service API platform for digital businesses.
£33.0MTotal raised
Modulr operates a payments as a service API platform that allows digital businesses to embed and automate payment services. The company is regulated by financial authorities in the UK and Ireland.
Categories
Team
Myles Stephenson
CEO
Myles brings founding and executive experience in payments, having previously led CorporatePay and held roles at WEX Europe and Modulr.
LinkedIn
Rob Devey
Chair & Senior Non-Executive Director
Rob chairs Modulr and Urban Jungle, alongside holding partner and advisory roles at Trimstone Partners and Nova. He also brings investor and board experience from ManyPets and Resolution Life Group.
LinkedInInvestors
- £10.0M
- £9.0M
- £14.0M
Funding history
£9.0M
PayPal Ventures led the Series C follow on investment to support product development and team expansion.
£14.0M
Frog Capital led the investment round alongside existing backer Blenheim Chalcot to support international growth and product development.