7 years ago
Modulr Raises Undisclosed Funding to Expand Operations
Modulr, a London-based fintech company offering digital payments accounts for businesses, received a new funding round of undisclosed amount, bringing total funding raised to date to £10.5m
The round was led by Blenheim Chalcot
The company plans to use the funds to expand operations and open a new office in Edinburgh.
ProblemFinancial Services
"Businesses struggle to manage their payments efficiently, often facing manual processes and delays, resulting in wasted time and money."
Solution
"Modulr provides a digital payment account that automates and manages business payments in real time through an API, allowing businesses to streamline their operations and save time and money."