OverviewSuggest Edit

Modulr provides a payments as a service API platform for digital businesses which can be integrated into any product or system. Its software enables businesses to set up as many accounts as they need to get paid, reconcile and make payments in an automated way.

TypePrivate
Founded2015
HQLondon, GB
Websitemodulrfinance.com
Employee Ratings3.4

Locations

Modulr is headquartered in
London, United Kingdom

Location Map

Latest Updates

Employees (est.) (Jun 2021)229(+7%)
Revenue (FY, 2018)£2.9 M(+171%)
Cybersecurity ratingAMore

Key People/Management at Modulr

Myles Stephenson

Myles Stephenson

Chief Executive Officer, Executive Director
Jakub Zmuda

Jakub Zmuda

Chief Strategy Officer
Peter Baxendale

Peter Baxendale

Chief Revenue Officer
Marcia Cantor-Grable

Marcia Cantor-Grable

Non Executive Director
Ritesh Tendulkar

Ritesh Tendulkar

Chief Technology Officer
Altay Ural

Altay Ural

Chief Product Officer
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Modulr Office Locations

Modulr has offices in London, Edinburgh and Dublin 2
London, GB (HQ)
1 Hammersmith Broadway, Hammersmith
Edinburgh, GB
1 Lochrin Square 92-98, Fountainbridge
Edinburgh, GB
80 George St
Dublin 2, IE
Fitzwilliam Business Centre, 77 Sir John Rogerson's Quay, Grand Canal Dock
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Modulr Financials and Metrics

Summary Metrics

Founding Date

2015

Modulr total Funding

$67 m

Modulr latest funding size

$23.27 m

Time since last funding

a year ago

Modulr investors

Modulr's latest funding round in May 2020 was reported to be $23.3 m. In total, Modulr has raised $67 m
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Modulr Revenue

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Modulr's revenue was reported to be £2.93 m in FY, 2018
GBP

Revenue (FY, 2018)

2.9m

Gross profit (FY, 2018)

2.0m

Gross profit margin (FY, 2018), %

68.2%

Net income (FY, 2018)

(1.3m)

EBIT (FY, 2018)

(1.3m)

Cash (31-Dec-2018)

155.6k
GBPFY, 2017FY, 2018

Revenue

1.1m2.9m

Cost of goods sold

373.5k932.2k

Gross profit

711.3k2.0m

Gross profit Margin, %

66%68%
GBPFY, 2017FY, 2018

Cash

123.9k155.6k

Accounts Receivable

266.9k431.7k

Current Assets

409.2k616.8k
GBPFY, 2017

Financial Leverage

-0.3 x
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Modulr Operating Metrics

Modulr's Transaction Volume was reported to be £25b in May, 2020.
May, 2020

Transaction Volume

£25 b
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Modulr Cybersecurity Score

Cybersecurity ratingPremium dataset

A

98/100

SecurityScorecard logo

Modulr Online and Social Media Presence

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Modulr Frequently Asked Questions

  • When was Modulr founded?

    Modulr was founded in 2015.

  • Who are Modulr key executives?

    Modulr's key executives are Myles Stephenson, Jakub Zmuda and Peter Baxendale.

  • How many employees does Modulr have?

    Modulr has 229 employees.

  • What is Modulr revenue?

    Latest Modulr annual revenue is £2.9 m.

  • What is Modulr revenue per employee?

    Latest Modulr revenue per employee is £12.8 k.

  • Who are Modulr competitors?

    Competitors of Modulr include Earlytrade, Apexx FinTech and Curlec.

  • Where is Modulr headquarters?

    Modulr headquarters is located at 1 Hammersmith Broadway, Hammersmith, London.

  • Where are Modulr offices?

    Modulr has offices in London, Edinburgh and Dublin 2.

  • How many offices does Modulr have?

    Modulr has 4 offices.