Modulr

2022 Series A Fintech Raised $108,000,000
Industry
Fintech
Stage
Series A
Raised
$108,000,000

Company Overview

Modulr offers Payments-as-a-Service which automates payment flows, embeds payments in other platforms and enables customers to launch entirely new services. Most notably, their platform has offers the unique benefit of direct access to the Bank of England, allowing Modulr to settle funds at the UKs central bank.The companys clients include more than 200 companies, including Revolut, Wagestream, Sage and BrightPay, and their millions of customers.Modulr raised $108M 83M in Series C funding led by General Atlantic, and existing investors, with the goal of becoming the leading provider of embedded payments to digital businesses across the UK and Europe.

Business Model

SaaS

Customer Model

B2B

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