Modulr Finance

Founded in 2015, Modulr Finance Limited operates from London, UK, providing innovative payment solutions designed for businesses.Modulr specializes in providing embedded payment solutions that streamline payment automation across multiple sectors, including payroll, accounts payable, travel, and merchant payments. Their offerings enable businesses to automate payroll and manage accounts payable processes efficiently. Modulr allows clients to fund and collect payments instantly, issue virtual and physical payment cards, and access a diverse range of accounts in various currencies. Its solutions cater to a broad customer base, including businesses of all sizes, accountants, bookkeepers, and payroll bureaus, primarily operating in the UK and across Europe.1. The company generates revenue primarily through transaction fees associated with its payment services, including automated payroll processing and accounts payable solutions. The company is focused on designing and launching upcoming products tailored to enhance its payment solutions, aiming to broaden its market reach and serve an increasing number of clients. These initiatives highlight Modulr's commitment to advancing its service offerings and scalability in the dynamic fintech landscape.

1. Series C

   May 18, 2022

   Amount

   $109M

   Investors

   Locked