Modulr

📍 London, United Kingdom🗓 Founded 2015👥 389 employees💰 Last funded 2022
At Modulr, our vision is a world where all businesses are powered by embedded payments. Modulr enables thousands of businesses, from SMEs to enterprise, across the UK and Europe to efficiently pay-in, collect and disburse funds instantly via a range of payment methods, accounts, and card products. We’ve created an industry-leading platform with comprehensive online tools and API access, to meet the demands of daily business payments. We are connected to an expanding network of accounting and payroll platforms, including Sage, Xero, BrightPay and IRIS. Our payments expertise and extensive product capability also enables us to build tailored solutions to solve complex payment problems for hundreds of clients in a range of industries, including Travel, Merchant Payments, Lending, Wage Advance and Investment & Wealth. We are deeply integrated into the payment eco-system. In the UK, we are direct participants of Faster Payments and Bacs, and hold settlement accounts at the Bank of England. Our payment network connectivity includes CHAPS, Open Banking, SEPA, SWIFT and account issuance in a range of currencies. We are principal issuing members of Visa and Mastercard across the UK and Europe. Our regulatory permissions and governance structure underpin our business. We are regulated as an Authorised Electronic Money Institution (AEMI) in the UK by the Financial Conduct Authority and in the Netherlands by De Nederlandsche Bank. Today we handle over 200m transactions and £100bn payment volume on an annualised basis handling more than 30 API calls per second.
7
Total investors
1
Early stage
5
Mid stage
1
Late stage
2015
Founded
Investor geography3 countries
United Kingdom
5
Luxembourg
1
United States
1
Investor activity2016–2022 · investors recorded per year
20161201932020220221
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Modulr?
Modulr has 7 investors on record on gritt.io, including 1 early-stage backers, 5 mid-stage and 1 late-stage investors.
When did Modulr last raise funding?
The most recent investment in Modulr recorded on gritt.io was in 2022.
When was Modulr founded?
Modulr was founded in 2015.
What industry is Modulr in?
Modulr operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Modulr based?
Modulr is headquartered in London, United Kingdom.