6 years ago
Modulr Raises £14 Million to Fuel Growth and Expand into Europe
Modulr, a London-based payments-as-a-service API platform, has secured £14 million in funding from Frog Capital and existing investor Blenheim Chalcot
The investment will fuel Modulr's growth, enabling the company to expand its services and teams in London, Edinburgh, and Dublin
Modulr has processed over £10 billion in payments since its launch and aims to become the world's leading digital alternative for commercial and wholesale payments.
ProblemFinancial Services
"Businesses need faster, more efficient, and scalable ways to embed payment capabilities into their platforms."
Solution
"Modulr provides a payments-as-a-service API platform that enables businesses to quickly and easily integrate new payment services, offering a digital alternative for commercial and wholesale payments."