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Modulr Finance

Modulr Finance

Private

Last Round

Series C

May 18, 2022

Est. Valuation

$146.97M

Total Funding Raised

$133.96M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Modulr Finance is a fintech company that provides a payments-as-a-service API platform designed to facilitate faster, easier, and more reliable money movement for digital businesses by automating payment flows and enabling the integration of payments into various products and systems.

Sector

FinTech

Verticals

Digital Payments, Platform-as-a-Service, Corporate Banking, Compliance & Risk

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Payment Processing Fee

AI Layer

Application

Keywords

payments-as-a-serviceembedded financepayment APIbanking-as-a-serviceBaaSconfirmation of payeeaccounts payable automationAP automationreal-time paymentscard issuancepayment infrastructurefintech infrastructurewhite-label paymentscross-border paymentsfraud prevention

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Modulr Finance Comparables

Compare Modulr Finance with similar companies based on industry and business-model similarity.

Modulr Finance comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
ClearBank
86%
Railsr
85%
Swan
82%

Modulr Finance Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CMay 18, 2022
StrategicApr 13, 2021
VC RoundNov 18, 2020
VC RoundMay 13, 2020
GrantAug 14, 2019
VC Round
May 20, 2019

Key People

Founding team and executive leadership

Myles Stephenson

Founder & Chief Executive

Founding Team

Ritesh Tendulkar

Chief Innovation Officer, Co-founder

Founding Team

Sonal Chavare

Director Of Engineering, CTO Division

Executive Team

Vivek Awasthi

Chief Technology Officer

Executive Team

Modulr Finance Investors

Notable investors and investment history

Modulr Finance investors
InvestorRounds
PayPal VenturesSeries C, VC Round
Blenheim VenturesSeries C
FIS VenturesSeries C, Strategic
Fgc Nominee LtdSeries C
Banking Competition RemediesGrant
Blenheim ChalcotVC Round, Seed, Series C
Frog CapitalVC Round, Series C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 21, 2026

    Thredd mentioned as a third-party integration partner.

  • Apr 18, 2026

    Added Pax2pay Ltd, a Travel Technology/Fintech startup, as a customer.

Recent news

Latest coverage and updates

  • partners_withSep 24, 2026

    Modulr Finance Limited partnered with Cogent Bank on Sep 24th '26.

  • recognized_asAug 26, 2026

    Modulr Finance Limited recognized as one of the world's top fintech companies for 2026.

  • hiresJul 16, 2026

    Modulr Finance Limited hired Mark Buitenhek as Independent Chair of the Supervisory Board of Modulr Finance B.V. on Jul 16th '26.

Modulr Finance Filings

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Modulr Finance filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Modulr Finance's valuation, stock price, and market status.

Is Modulr Finance a public or private company?

Modulr Finance is a private company.

What is the current stock price of Modulr Finance?

Modulr Finance is a private company with no public stock price. No recent secondary market data is available.

How much is Modulr Finance worth (valuation)?

Modulr Finance's valuation is estimated at $147.0M based on funding round data.

Can I buy Modulr Finance stock?

Modulr Finance shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Modulr Finance's last funding round?

Modulr Finance's most recent funding round was Series C on November 18, 2020.

Who are the main investors in Modulr Finance?

Key investors in Modulr Finance include FIS Ventures, Blenheim Chalcot, Frog Capital, General Atlantic, Highland Europe.

Will Modulr Finance IPO soon?

No public IPO plans have been announced for Modulr Finance.

How can I track Modulr Finance secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Modulr Finance's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLondon
Employee Range425
Year Founded2015
Last FundingMay 18, 2022

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