Modulr Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
490
- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$137M
- Investors
-
11
Modulr General Information
Description
Developer of a payments-as-a-service application programming interface platform designed to offer a faster, easier, and more reliable way to move money for digital businesses. The company's platform integrates into any product or system, automates payment flows, embeds payments into their platforms, and builds entirely new payment products and services themselves, enabling businesses to streamline existing services, launch new products, and scale more efficiently.
Contact Information
Website
www.modulrfinance.comCorporate Office
- Scale Space
- 58 Wood Lane
- London W12 7RZ
- England, United Kingdom
Corporate Office
- Scale Space
- 58 Wood Lane
- London W12 7RZ
- England, United Kingdom
Modulr Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC (Series C) | 13-May-2022 | $137M | Completed | Generating Revenue | ||
| 8. Later Stage VC | 13-Apr-2021 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 13-May-2020 | Completed | Generating Revenue | |||
| 6. Grant | 14-Aug-2019 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 06-Feb-2019 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 27-Dec-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 21-Sep-2017 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 21-Mar-2017 | $1.61M | $4.84M | Completed | Generating Revenue | |
| 1. Early Stage VC | 11-May-2016 | $3.23M | $3.23M | Completed | Startup |
Modulr Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| I Ordinary | ||||||||
| H1 Ordinary | ||||||||
| G Ordinary | ||||||||
| F Ordinary | ||||||||
| F Ordinary | ||||||||
| E Ordinary | ||||||||
| E Ordinary | ||||||||
| E Ordinary | ||||||||
| B Ordinary | 697,673 | $0.012661 | $5.44 | $5.44 | 1x | $5.44 | 4.66% | |
| B Ordinary | 719,116 | $0.012661 | $4.56 | $4.56 | 1x | $4.56 | 4.81% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Modulr Comparisons
Industry
Financing
Details
Modulr Competitors (66)
One of Modulr’s 66 competitors is Money Mover, a Formerly Angel backed company based in Cambridge, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Money Mover | Formerly Angel backed | Cambridge, United Kingdom | ||||
| Moneycorp | Private Equity-Backed | London, United Kingdom | ||||
| Marqeta | Formerly VC-backed | Oakland, CA | ||||
| Spreedly | Private Equity-Backed | Durham, NC | ||||
| Equals (Financial Services) | Venture Capital-Backed | London, United Kingdom |
Modulr Signals
Modulr Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Connection Capital | PE/Buyout | Minority | ||
| General Atlantic | Growth/Expansion | Minority | ||
| Ironbark Capital (Northampton) | PE/Buyout | Minority | ||
| FIS Ventures | Corporate Venture Capital | Minority | ||
| PayPal Ventures | Corporate Venture Capital | Minority |
Modulr Acquisitions (1)
Modulr’s most recent deal was a Merger/Acquisition with Nook (Financial Software). The deal was made on 18-Nov-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Nook (Financial Software) | 18-Nov-2024 | Merger/Acquisition | Financial Software |
Modulr Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Nook (Financial Software) | London, United Kingdom | 2021 | |
| Modulr Fs Europe | Dublin, Ireland | 2018 |
Modulr FAQs
-
When was Modulr founded?
Modulr was founded in 2015.
-
Where is Modulr headquartered?
Modulr is headquartered in London, United Kingdom.
-
What is the size of Modulr?
Modulr has 490 total employees.
-
What industry is Modulr in?
Modulr’s primary industry is Other Financial Services.
-
Is Modulr a private or public company?
Modulr is a Private company.
-
What is the current valuation of Modulr?
The current valuation of Modulr is .
-
What is Modulr’s current revenue?
The current revenue for Modulr is .
-
How much funding has Modulr raised over time?
Modulr has raised $210M.
-
Who are Modulr’s investors?
Connection Capital, General Atlantic, Ironbark Capital (Northampton), FIS Ventures, and PayPal Ventures are 5 of 11 investors who have invested in Modulr.
-
Who are Modulr’s competitors?
Money Mover, Moneycorp, Marqeta, Spreedly, and Equals (Financial Services) are some of the 66 competitors of Modulr.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process