3 years ago
Embedded Payments Platform Modulr Secures £83 Million in Series C Funding
Modulr, an embedded payments platform, has raised £83 million in a Series C funding round led by General Atlantic
The company enables businesses to integrate financial services into their products, removing the need for them to build their own payment infrastructure
The funding will be used to expand Modulr's coverage in existing and new markets, as well as to introduce new services.
ProblemFinancial Services
"Building and managing payment infrastructure for digital businesses is complex, time-consuming, and expensive."
Solution
"Modulr provides a comprehensive embedded payments platform that allows businesses to seamlessly integrate and automate payments without the need for extensive in-house development or regulatory hurdles."