Modulr

Modulr provides a payments as a service API for digital businesses.

London, UK—Founded 2016—Website

£33.0MTotal raised

Modulr provides a payments as a service API that enables digital businesses to embed financial technology into their platforms. The company operates across offices in London, Edinburgh, Dublin, and Amsterdam.

Founders

Myles Stephenson

Founder & CEO

Myles brings founding and executive experience in payments, having previously led CorporatePay and held roles at WEX Europe and Modulr.

Investors

Series D+13 April 2021
£10.0M
F
FIS
Series C18 November 2020
£9.0M
P
PayPalLead
Series B20 May 2019
£14.0M
Frog CapitalLead
Blenheim Chalcot

Funding history

Series D+13 April 2021

£10.0M

Modulr secures Series D investment from FIS Ventures to drive real time payments

The payments platform has secured strategic backing from the corporate venture arm of FIS.

Series C18 November 2020

£9.0M

Modulr raises £9m from PayPal Ventures in a Series C round to expand operations and product development.

PayPal Ventures led the Series C follow on investment to support product development and team expansion.

Series B20 May 2019

£14.0M

Modulr raises £14m led by Frog Capital to accelerate platform expansion

Frog Capital led the investment round alongside existing backer Blenheim Chalcot to support international growth and product development.