Modulr: Funding, Investors & Team (Aug 2026)
Modulr is a fintech company that provides Payments as a Service API for digital businesses. It enables users to automate payment flows, embed payments into the platform, and build new payment products and services themselves from a single API. Modulr has direct access to the Bank of England and claims to facilitate a fast experience that digital customers demand. The company was founded in 2015 and is headquartered in London, England.
Modulr has raised $116M across 2 funding rounds on record, the most recent a Series C of $104M announced in May 2022.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Modulr Company Profile and Key Stats
Latest funding round on record: May 2022.
Modulr Funding Rounds
Modulr raised $12.0M in an undisclosed round announced in Nov 2020.
1.5 years later, a Series C of $104M was announced in May 2022.
Modulr Founders and Leadership Team
Contact details for the Modulr team: 1 of 1 has an email address on file.
Start 14-day free trial →Modulr Funding Compared to Other Financial Services Startups
Modulr's latest round of $104M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Modulr Funding FAQs
What does Modulr do?
Modulr is a fintech company that provides Payments as a Service API for digital businesses. It enables users to automate payment flows, embed payments into the platform, and build new payment products and services themselves from a single API. Modulr has direct access to the Bank of England and claims to facilitate a fast experience that digital customers demand. The company was founded in 2015 and is headquartered in London, England.
How much funding has Modulr raised?
Modulr has raised $116M across 2 rounds on record. The most recent is a Series C of $104M announced in May 2022.
When did Modulr last raise funding?
Modulr's most recent funding round on record is a Series C of $104M, announced in May 2022.
Who is the CEO of Modulr?
Myles Stephenson is listed as CEO at Modulr.
Where is Modulr headquartered?
Modulr is based in London, England, United Kingdom.
How many employees does Modulr have?
Modulr is in the 251-500 employee band.
How does Modulr's funding compare to other Financial Services startups?
Modulr's latest round of $104M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's Modulr 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 Modulr is left off this page rather than filled in.
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