Modulr

The Payments Automation Platform

London, United Kingdom · Founded 2016 · $23.2M raised

Headquarters
London
Employees
201–500
Founded
2016
Business Model
B2B
Total Funding
$23.2M
Last Round
$23.2M Growth EquityMay 2020
Rounds
1

About

Modulr is a payments automation platform and Electronic Money Institution (EMI) authorised by the UK FCA. It provides embedded payments infrastructure via API, enabling businesses to open accounts, collect payments, disburse funds instantly, and issue virtual and physical cards. Modulr serves payroll processors, accountants, travel companies, lenders, and enterprise clients across the UK and Europe. The company was founded in London in 2016 and has grown to over 400 employees across London, Edinburgh, Amsterdam, and Mumbai.

Summary

Modulr is a Financial Services company based in London, United Kingdom, founded in 2016. It has raised $23.2M in total across 1 round, most recently a $23.2M Growth Equity round in May 2020.

Tech & App Stack

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Funding History

Growth EquityGrowth RoundMay 2020
$23.2M

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