# Modulr

Modulr is an Asset Manager based in London, United Kingdom.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** Scale Space, 58 Wood Lane, London, W12 7RZ, United Kingdom
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** modulrfinance.com
- **LinkedIn:** https://www.linkedin.com/company/modulr

## Regulatory record

- **Reports private funds:** No

## About

Modulr is a London-based company founded in 2015. It offers embedded payment solutions for businesses. Modulr has secured £192.7 million in total funding.

## Sectors

- FinTech
- Enterprise Software

## Offices

- Edinburgh, United Kingdom
- Dublin, Ireland
- Amsterdam, Netherlands
- Mumbai, India

## Questions

### Does Modulr hold its own regulatory licenses, or does it partner with a bank?

Modulr holds its own Electronic Money Institution (EMI) license with the FCA in the UK and the equivalent in the EU. This direct regulatory posture allows the firm to hold client funds on its own books through a safeguarded float, rather than opening sub-ledgers at a partner bank. It is also a direct participant in both the UK and European settlement schemes, including Faster Payments and SEPA.

### How does Modulr source customers, and what segment does it focus on?

Modulr sources both enterprise-scale platform integrations and mid-market corporate finance teams. For payroll, accounts payable, and lending use cases, it sells directly to finance and engineering leaders. For embedded payments, it provides APIs that consumer brands and software companies embed directly into their user journeys, such as digital lending payouts and property management rental collections.

### Does Modulr participate in consumer payments or is the platform purely B2B?

Modulr focuses exclusively on business-to-business (B2B) and business-to-consumer (B2C) payment flows initiated by businesses. Its use cases — payroll, supplier payments, lending disbursements, and travel refunds — are all enterprise or mid-market operations. The firm is not consumer-facing and does not operate a retail neobank or direct-to-consumer app.

### What existing treasury or ERP systems does Modulr integrate with for accounts payable automation?

Modulr integrates with major accounting, enterprise resource planning, and payroll platforms. Confirmed integrations include Xero, Sage, and Oracle NetSuite. The firm positions its API in the procurement-to-pay workflow, enabling automated supplier payments and real-time reconciliation within existing general ledgers.

### Is Modulr a venture-backed startup or an established paytech, and what is its governance posture?

Modulr operates as a scale-up that is still venture-backed by growth-stage firms, but it has reached institutional operations with £180 billion in annual transaction volume. Its board structure is not publicly detailed beyond the founding team and venture representatives. As an FCA-regulated EMI, it must maintain independent non-executive directors and a formal risk and compliance committee.

### What are Modulr's known regional limitations for direct settlement?

Modulr can settle directly in the UK via Faster Payments and Bacs, and across the Eurozone via SEPA Instant and SEPA Credit Transfer. It does not hold a direct US money transmission license and does not publicly offer domestic settlement in markets outside the UK and single euro payments area.

## Related profiles

- [M2P Fintech](https://altss.com/profile/m2p-fintech)

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Last updated: 2026-06-03T20:00:00.000Z

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