FundedIQ
Financial Services

Modularbank: Funding, Investors & Team (Sep 2026)

Modularbank is a cloud-native banking platform that allows to establish a new banking business or digitally transform an existing one. The platform builds next-generation banking experiences both in the retail and business banking landscape. Its API based banking platform follows the microservice architecture and is composed of flexible and independent modules that cover end-to-end everyday banking processes. Modularbank also offers sophisticated and flexible modular-based banking not just to existing banks and challenger banks, but to any business wishing to quickly roll out tailored financial services to their customers. It was founded in 2018 and is based in Tallinn, Estonia.

www.modularbank.co LinkedIn Tallinn, Estonia 11-50 employees
Total raised
$4.0M
Rounds
1
Latest
Undisclosed round
Dec 2020

Modularbank has raised $4.0M across 1 funding round on record, the most recent an undisclosed round of $4.0M announced in Dec 2020.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Modularbank Company Profile and Key Stats

Total funding raised
$4.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$4.0M in Dec 2020
Employees
11-50
reported band
Headquarters
Tallinn, Estonia

Latest funding round on record: Dec 2020.

Modularbank Funding Rounds

Date
Round
Amount
Undisclosed round
$4.0M

Modularbank Founders and Leadership Team

Name
Role
Contact
Vilve Vene
CEO

No contact details are on record for this team yet.

Modularbank Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
221
$1.9M

Modularbank's latest round of $4.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Modularbank in Financial Services and Tallinn

Companies Similar to Modularbank

Modularbank Funding FAQs

What does Modularbank do?

Modularbank is a cloud-native banking platform that allows to establish a new banking business or digitally transform an existing one. The platform builds next-generation banking experiences both in the retail and business banking landscape. Its API based banking platform follows the microservice architecture and is composed of flexible and independent modules that cover end-to-end everyday banking processes. Modularbank also offers sophisticated and flexible modular-based banking not just to existing banks and challenger banks, but to any business wishing to quickly roll out tailored financial services to their customers. It was founded in 2018 and is based in Tallinn, Estonia.

How much funding has Modularbank raised?

Modularbank has raised $4.0M across 1 round on record. The most recent is an undisclosed round of $4.0M announced in Dec 2020.

When did Modularbank last raise funding?

Modularbank's most recent funding round on record is an undisclosed round of $4.0M, announced in Dec 2020.

Who is the CEO of Modularbank?

Vilve Vene is listed as CEO at Modularbank.

Where is Modularbank headquartered?

Modularbank is based in Tallinn, Harjumaa, Estonia.

How many employees does Modularbank have?

Modularbank is in the 11-50 employee band.

How does Modularbank's funding compare to other Financial Services startups?

Modularbank's latest round of $4.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's Modularbank Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Modularbank is left off this page rather than filled in.

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