Modulr
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Modulr

https://www.modulrfinance.com/
Last activity: 19.07.2024
Active
Categories: BusinessFinTechInfrastructureITMarketOwnPlatformProductServiceTechnology
Modulr has grown to become the leading provider of embedded payments to organisations across the UK and Europe. Embedded payments is a new category that permits payments to become part of organisations’ technology stack, upgrading them to become payments companies themselves. Modulr enables over 200 enterprise customers and thousands of SME customers to embed account creation, payment out, reconciliation of payment in, card issuing and many open banking and similar features into their own business process flows via API calls and webhooks into Modulr’s cloud platform. Core to Modulr’s success has been the platform itself, Modulr’s regulatory status as an EMI in the UK and Europe, its connections to payments and other financial service schemes, its ability to operate at scale, and its compliance rigour. Today Modulr handles over £100bn of annualised payment volume and its platform handles, on average, 30 API calls per second.
Followers
2.14K
Followers
17.79K
Website visits
59.5K /mo.
Mentions
52
Employees: 201-500
Total raised: $181.38M
Founded date: 2015

Investors 4

Funding Rounds 6

DateSeriesAmountInvestors
17.05.2022Series C$102.5M-
19.11.2020-$11.84M-
12.05.2020-$23.16M-
15.08.2019Grant$12.28M-
20.05.2019-$17.82M-
24.09.2018-$13.77M-

Mentions in press and media 52

DateTitleDescription
19.07.2024Restrictions on onboarding new customers lifted at UK fintech ModulrUK embedded payments provider Modulr has had a temporary ban on onboarding new customers lifted but must give the financial regulator a warning when doing so. The collapse of US Banking-as-a-Service (BaaS) provider Synapse has increased the...
04.06.2024UK Embedded Payments Fintech Modulr Announces New Solution for Travel IndustryModulr, the embedded payments platform, announced the launch of its innovative travel payments solution, specifically designed to address the unique needs of online travel agents (OTAs) and travel industry intermediaries. The new offering r...
25.05.2024UK Fintech Modulr Announces New Initiative with University of Edinburgh Business SchoolModulr is pleased to be working with the University of Edinburgh Business School. Their collaboration showcases their shared commitment “to fostering technology innovations, inspiring the next generation of business leaders and building Sco...
22.05.2024Nine Scottish Fintechs Set to Feature at Money20/20 ConferenceFinTech Scotland, in partnership with Scottish Development International (SDI), the international arm of Scottish Enterprise, have announced the participation of nine Scottish fintech companies at European fintech conference, Money20/20, wh...
22.03.2024Clash of the Cashbacks: HyperJar Introduces 1.5% Cashback on all SpendingLondon, United Kingdom, March 22nd, 2024, FinanceWire ● Offers 1-1.5% cashback on all card spend with a £200 per month cap* – fee-free UK spending super-app HyperJar is adding to its feature set with cashback on all spending, one of the mos...
19.09.2023Malta's wamo bags $1.5M of Turkish funding from Finberg and RePieMalta and London-based SME digital business account provider wamo has raised $1.5 million in what it's calling a seed extension round. This additional funding takes wamo’s total funding to date to $6.8 million. The funds raised will go towa...
12.10.2022Ripple's Major Partner in Europe Joins Digital Pound Foundation: DetailsThe Digital Pound Foundation, a nonprofit focused on the development and implementation of the digital pound in the United Kingdom, has announced the addition of Ripple partner Modulr to its membership community. We are pleased to announce ...
18.05.2022After being granted the Dutch EMI licence, Modulr raises €102.7M led by General AtlanticUK and Ireland-based Modulr, a fintech startup that offers an embedded payments platform for digital businesses, announced on Tuesday that it has raised $108M (approximately €102.76M) in a Series C round of funding. The company has now rais...
03.03.2022UK Fintech Modulr Raises Faster Payments Limit to £1M for Customers, As DefaultThe team at UK Fintech Modulr notes that they are pleased to let their clients know that their Faster Payments transaction limit has “increased from £250,000 to £1 million for inbound and outbound payments, in line with the retail payments ...
14.01.2022UK Fintech Modulr Explains How Payments-as-a-Service is Helping the Travel Industry to Enhance CXSoftware is “changing the world,” according to an update from UK Fintech Modulr. Modulr writes in a blog post that thanks to Cloud computing and the rise of SaaS (Software as a Service), businesses are now “powered by virtual services rathe...
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