Tech Company Financing Transactions
Modulr Funding Round
On 5/18/2022, Modulr raised $108 million in Series C funding from General Atlantic, Blenheim Chalcot and Frog Capital.
Transaction Overview
Company Name
Announced On
5/18/2022
Transaction Type
Venture Equity
Amount
$108,000,000
Round
Series C
Investors
Proceeds Purpose
The London-based company plans to use the funds to expand its geographic footprint and extend its client and partner coverage with the goal of becoming, as founder and CEO Myles Stephenson said in the announcement, a "pan-European payments champion."
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Scale Space 58 Wood Ln.
London, W12 7RZ
UK
London, W12 7RZ
UK
Phone
Undisclosed
Website
Email Address
Overview
Modulr is authorised and regulated as an Electronic Money Institution by the FCA (Modulr FS Ltd, FRN: 900573) and by the Central Bank of Ireland in the EU (Modulr FS Europe Ltd Institution Code C191242). Modulr Finance B.V. (R182870) is an Authorised Electronic Money Institution, regulated by the De Nederlandsche Bank (DNB). So we can issue accounts with sort codes and Euro IBANs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Myles Stephenson
Chief Financial Officer
Emma Kelly
Chief Operating Officer
James Holroyd
VP - Bus. Development
Andrew Griffin
VP - Bus. Development
Jakub Zmuda
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