MODASolutions Overview

  • Year Founded
  • 2001

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

MODASolutions General Information

Description

Provider of online payment services. The company provides payment and order processing services that link online banking with online shopping to reduce the risk of e-commerce transactions for consumers and merchants.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 260 Hearst Way
  • Suite 510
  • Kanata, Ontario K2L 3H1
  • Canada
+1 (613)
Primary Industry
Other Financial Services
Acquirer
Western Union
Vertical(s)
TMT, FinTech
Corporate Office
  • 260 Hearst Way
  • Suite 510
  • Kanata, Ontario K2L 3H1
  • Canada
+1 (613)

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MODASolutions Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 16-Sep-2011 Completed Generating Revenue
3. Early Stage VC 17-Sep-2008 Completed Generating Revenue
2. Early Stage VC 20-Sep-2006 $11M $12.3M Completed Startup
1. Early Stage VC 07-Mar-2006 $1.3M $1.3M Completed Startup
To view MODASolutions’s complete valuation and funding history, request access »

MODASolutions Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

MODASolutions Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20040139016-A1 Internet payment systerm and method Inactive 01-Nov-2002

MODASolutions Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
BDC Capital Growth/Expansion Minority
Canaan Partners Venture Capital Minority
Celtic House Venture Partners Venture Capital Minority
Ottawa Angel Alliance Angel Group Minority
Propulsion Ventures Venture Capital Minority
To view MODASolutions’s complete investors history, request access »

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MODASolutions FAQs

  • When was MODASolutions founded?

    MODASolutions was founded in 2001.

  • Where is MODASolutions headquartered?

    MODASolutions is headquartered in Kanata, Canada.

  • What industry is MODASolutions in?

    MODASolutions’s primary industry is Other Financial Services.

  • Is MODASolutions a private or public company?

    MODASolutions is a Private company.

  • What is MODASolutions’s current revenue?

    The current revenue for MODASolutions is .

  • How much funding has MODASolutions raised over time?

    MODASolutions has raised $23.6M.

  • Who are MODASolutions’s investors?

    BDC Capital, Canaan Partners, Celtic House Venture Partners, Ottawa Angel Alliance, and Propulsion Ventures have invested in MODASolutions.

  • When was MODASolutions acquired?

    MODASolutions was acquired on 16-Sep-2011.

  • Who acquired MODASolutions?

    MODASolutions was acquired by Western Union.

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