Modulr moves money efficiently to power business productivity

We’re building the new digital payment service to make money flow more efficiently through businesses and the economy.

Here's our story.

Our Story

June 2022

We launch our SEPA Instant service

May 2022

We raise $108m in funding led by General Atlantic

February 2022

We partner with Ripple

January 2022

We receive our Dutch EMI licence

November 2021

We’re named a Deloitte Fast50 winner

November 2021

We pass the £100bn processed mark

September 2021

We launch in the Netherlands

April 2021

FIS Ventures invests in Modulr

March 2021

We're named the second fastest growing tech company in the UK

Nov 2020

PayPal Ventures invests £9 million

Oct 2020

We launched our hassle-free API card issuing service

Sep 2020

We became the first non-bank or building society to deliver Confirmation of Payee

February 2020

Our direct access wins at Card and Payments Awards

March 2020

We become a principal issuing member of Visa

September 2019

LinkedIn Top Startup in the UK

August 2019

Awarded £10m from the Capability & Innovation Fund (RBS Alternative Remedies Package)

May 2019

Raised £14m from Blenheim Chalcot and Frog Capital

August 2018

1m monthly transactions

January 2018

500k monthly transactions

June 2017

£100m monthly payments

February 2017

Went live with Revolut

October 2016

£1m monthly payments

September 2016

Authorised as an E-Money Institution

December 2015

Modulr incorporated

June 2022

We launch our SEPA Instant service

May 2022

We raise $108m in funding led by General Atlantic

February 2022

We partner with Ripple

January 2022

We receive our Dutch EMI licence

November 2021

We’re named a Deloitte Fast50 winner

November 2021

We pass the £100bn processed mark

September 2021

We launch in the Netherlands

April 2021

FIS Ventures invests in Modulr

March 2021

We're named the second fastest growing tech company in the UK

Nov 2020

PayPal Ventures invests £9 million

Oct 2020

We launched our hassle-free API card issuing service

Sep 2020

We became the first non-bank or building society to deliver Confirmation of Payee

February 2020

Our direct access wins at Card and Payments Awards

March 2020

We become a principal issuing member of Visa

September 2019

LinkedIn Top Startup in the UK

August 2019

Awarded £10m from the Capability & Innovation Fund (RBS Alternative Remedies Package)

May 2019

Raised £14m from Blenheim Chalcot and Frog Capital

August 2018

1m monthly transactions

January 2018

500k monthly transactions

June 2017

£100m monthly payments

February 2017

Went live with Revolut

October 2016

£1m monthly payments

September 2016

Authorised as an E-Money Institution

December 2015

Modulr incorporated

Authorised, regulated and secure

Modulr is authorised and regulated as an Electronic Money Institution by the FCA (Modulr FS Ltd, FRN: 900573) and by the De Nederlandsche Bank (DNB). So we can issue accounts with sort codes and Euro IBANs. Our accounts access existing payments services – Bacs, CHAPS, Faster Payments, SEPA, Visa and Mastercard – so businesses can receive and make payments easily.

As a directly connected participant to the Faster Payments and Bacs schemes, we are able to hold and settle funds at the Bank of England, meaning greater reliability and security.

All built on a secure platform with multi-factor authentication, activity observation and regular penetration testing.

logo-faster-payments logo-bacs logo-chaps logo-sepa Visa-1 Advantio-1

Get to know our leadership

Myles-Stephenson-1
LinkedIn Myles Stephenson Founder and Chief Executive
Andrew Griffin
LinkedIn Andrew Griffin Chief Financial Officer
melek pirgon final
LinkedIn Melek Pirgon Director of Product
Martyn Cook 2.4
LinkedIn Martyn Cook Director of People
Richard Buckley-2
LinkedIn Richard Buckley Chief Legal & Risk Officer
Tony Byers
LinkedIn Tony Byers Chief Customer Officer
Marcus Corner
LinkedIn Marcus Corner Chief Technology Officer
Tom kelly 3
LinkedIn Tom Kelly Sales Director

Our Board

Rob Devey
LinkedIn Rob Devey Chair & Senior Non-Executive Director; Modulr Group Board & Modulr FS Limited Board; Chair, Risk Committee.
Myles Stephenson
LinkedIn Myles Stephenson Chief Executive; Executive Director; Modulr Group Board & Modulr FS Limited Board
Marcia-Cantor-Grable
LinkedIn Marcia Cantor-Grable Non-Executive Director; Modulr FS Limited Board
Charles Mindenhall
LinkedIn Charles Mindenhall Non-Executive Director; Modulr Group Board
Manoj
LinkedIn Manoj Badale Non-Executive Director; Modulr Group Board
team-mike
LinkedIn Mike Reid Non-Executive Director, Modulr Group Board
Laurence Garrett
LinkedIn Laurence Garrett Non-Executive Director; Modulr Group Board
Eric Hollanders-2
LinkedIn Eric Hollanders Non-Executive Director; Modulr Finance BV
Aaron Goldman-1
LinkedIn Aaron Goldman Non-Executive Director; Modulr Group Board
Aidan Holton-2
LinkedIn Aidan Holton Independent Non-Executive Director; Modulr MFBV

Come work with us

If you're innovative, ambitious and thrive in a changing environment, Modulr is the place for you. Make your impact as we shape the future of payments.

Find us

London

Scale Space, 58 Wood Lane, London, W12 7RZ, UK

Edinburgh

80 George St, Edinburgh, EH2 3BU, UK

Dublin

77 Sir John Rogerson's Quay, Dublin 2, D02 NP08, Ireland

Amsterdam

Weteringschans 165 C, Amsterdam 1017 XD Amsterdam