UK fintech providing white-label payment infrastructure and embedded payments platform, with an Electronic Money Institution (EMI) licence; processes >200M transactions and over £180bn in payment value annually.
Investment Rounds
Capital activity and funding progression
| Amount | Valuation | Date | Round | |
|---|---|---|---|---|
| €83 M | — | Feb, 2026 | unspecified | View |
Industries
Frequently Asked Questions
Where is Modulr located?
Modulr is located in London, United Kingdom.
What industries does Modulr operate in?
Modulr operates in the following industries: fintech, payments, financial-infrastructure.
When was Modulr founded?
Modulr was founded on 2026-02-04.
How much total funding has Modulr raised?
Modulr has raised a total of $83,000,000.
Who are the investors in Modulr?
The investors in Modulr are: General Atlantic, Blenheim Chalcot, Frog Capital, Highland Europe, PayPal Ventures.
What is the main service offered by Modulr?
Modulr is an embedded payments platform that provides digital infrastructure and APIs for businesses to automate payment flows, issue accounts, and manage complex financial operations.
Is Modulr a bank?
No, Modulr is an Electronic Money Institution rather than a bank, meaning it provides payment services and e-money accounts but is prohibited from lending customer funds or offering interest on balances.
How is money protected when using Modulr?
Modulr protects customer funds through a process called safeguarding, where 100 percent of client money is kept in segregated accounts at credit institutions or the Bank of England, separate from the company's own operating funds.
Does Modulr provide services directly to individual consumers?
No, Modulr operates as a B2B service provider, meaning individual consumers cannot open or manage accounts directly with them; instead, they power the financial services offered by other businesses.
Which payment schemes does Modulr have direct access to?
Modulr has direct access to several major payment systems including Faster Payments and Bacs in the UK, as well as SEPA for transactions within the European Union, enabling real-time and automated money movement.