Modulr logo — Payments built to scale

Modulr

Payments built to scale

Founded 2015 United Kingdom London, United Kingdom 524 employees Series C Total: $145.40M Financial Services, Fintech +1

General Information

Company Name Modulr
Founded Year 2015
Location United Kingdom London, United Kingdom +4
Employees 524
Industries Financial Services, Fintech, Payments
Funding Stage Series C
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Award Received Aug 26, 2026

Modulr has been recognized as one of the world's top fintech companies for 2026 by CNBC and Statista.

Actively Hiring Aug 19, 2026

Hiring for 17 positions in the last 30 days.

Regulatory Approval Aug 19, 2026

Modulr has become a direct participant in CHAPS, settling directly at the Bank of England, making it the only non-bank payment service provider in the UK connected directly to all three major UK pa…

AI Insight

Bounce Watch AI
3 weeks ago

Modulr is experiencing a rapid growth phase, marked by the strategic launch of its new Spend Management platform and a key partnership with Brain Payroll to deliver end-to-end payroll solutions. This expansion of their product ecosystem and market reach, supported by active hiring and recent industry accolades, underscores their assertive push to solidify their position as a leading finance automation platform.

Signal Types
Hiring Product Launch Partnership Recognition
Strategic Labels
Product Diversification Ecosystem Expansion Scaling Growth
Next Move: Market Expansion
·
Impact: 9/10
·
Ideal For: Growth Stage Fintech VCs — Series D Prospects

About Modulr

Modulr, founded in 2015, is a UK-based company specializing in Financial Services, Fintech, and Payments. The firm offers a payments automation platform designed to efficiently streamline money movement with enhanced accuracy, control, and reliability.

The platform is built to scale, automating payment and reconciliation workflows to mitigate manual labor, cut operational costs, and minimize errors. Modulr processes over 200 million transactions annually, with a payment value surpassing £180 billion, serving over 6,000 businesses from SMEs to global enterprises.

Key integrations with systems like Sage, Xero, and BrightPay position Modulr as a pivotal part of existing finance workflows. It holds principal memberships with Visa and Mastercard, and benefits from direct access to central bank infrastructures, ensuring the robustness needed for contemporary international finance operations.

A Series C investment of £83.00M in May 2022 highlights investor confidence, with backing from notable names including General Atlantic, Highland Europe, and PayPal Ventures.

Taxonomy: Payments Automation, Finance Operations, Payment Reconciliation, Accounting Integration, Payroll Systems, Supplier Payments, Spend Management, Payment Collection, Embedded Payments, Regulated Payments Provider, International Finance Operations, Financial Technology, Wage Advance

Services & Products

Automating money movement
Payroll solutions
Accounts payable management
Spend control with company cards
Instant collections and pay-outs
Integration with business tools
Virtual and physical card issuance

Target Customers

Businesses of all sizes Accountants Corporate enterprises Travel industry companies Lending companies Merchant businesses

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
18 May 2022
Venture Round •••••• 1 •••• •••• 13 Apr 2021
Venture Round •••••• 1 •••• •••• 18 Nov 2020
Venture Round •••••• 3
Investor Investor Investor
13 May 2020
Grant •••••• 1
Investor
14 Aug 2019

View All 7 Funding Rounds

Modulr Alternatives & Competitors

View All Alternatives
Modulr vs
Infinicept
Infinicept United States

Get Payments Going Your Way

Series Unknown
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Modulr vs
IPPEX Global Limited
IPPEX Global Limited United Kingdom

Thinking global payroll

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Modulr vs
Modern Treasury
Modern Treasury United States

The most trusted infrastructure for global money movement

Series C
123 employees
Finance, Fintech

FAQ About Modulr

Payments built to scale
Modulr was founded in 2015.
Modulr is headquartered in London, United Kingdom.
Modulr operates in the following industries: Financial Services, Fintech, Payments.
Modulr has approximately 524 employees.
Modulr has completed 7 funding rounds, raising a total of $145.40M. The latest funding stage is Series C.
Modulr offers: Automating money movement, Payroll solutions, Accounts payable management, Spend control with company cards, Instant collections and pay-outs, Integration with business tools, Virtual and physical card issuance.
Top alternatives and competitors to Modulr include Infinicept, IPPEX Global Limited, Modern Treasury, Routable, Payslip. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Modulr and Infinicept are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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