We're delighted to say that we've been named the second fastest growing tech company in the UK, according to Dun&Bradstreet. Announced yesterday in Dun&Bradstreet's Accelerate50, we achieved the second highest 3 year CAGR, with 430.39%, from 50 tech companies. We would also like to congratulate our customers Iwoca and Revolut who featured in the list, too.
Our growth over the last three years - and since inception in 2016 - is testament to the strength of the market opportunity and our customers' willingness to automate, embed and build new payment services, together.
Myles Stephenson, CEO of Modulr, commented: “All of us at Modulr are delighted to be named the second fastest growing UK tech company. It’s validation of how we solve our customers’ problems through our company mission of enabling any business to embed payments into their platform. Before starting Modulr, we were frustrated by the inadequacy of payment services for forward thinking businesses, and we knew the payments space well.
"We set about creating a payments platform that combined a tech stack, regulatory permissions and deep access to critical payments infrastructure. 5 years on and we remain steadfast and true to that original mission. That’s why we’re excited to see an acceleration in the global shift towards payments provided by ‘software as default’ as more and more businesses become powered by Modulr.”
While Modulr has scaled dramatically in these last three years, we're nowhere near finished and we can't wait to deliver on the overall potential of our offering to customers and partners.
We see a future where businesses can plug their own software directly into payment rails. A digital future where businesses can move and manage money between themselves seamlessly. Where businesses can become payment companies.
More importantly, we see a future where payment services for businesses are not provided 'bank by default' but 'software by default'. And we're enabling that shift. Designed by you, and powered by Modulr.
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And we're hiring, too! Check out our open roles and help us enable the shift.