| Date | Title | Description |
| 05.02.2026 | Fintech Modulr Reports Achieving Profitability, Processing £180B in Annualized Payment Value | Fintech firm Modulr has marked a pivotal achievement by becoming profitable in 2025, just as it commemorates a decade since its founding. This embedded payments provider has demonstrated remarkable resilience and expansion, handling upwards... |
| 04.02.2026 | PayPal-backed Modulr banks first full-year profit | PayPal-backed UK fintech Modulr has reported its first full-year net profit, it says, ahead of announcements regarding its US expansion.
Myles Stephenson, CEO and co-founder, heralded the achievement as an “important milestone”. He said: “I... |
| 22.10.2025 | PayPal-backed UK fintech kicks off legal battle over unpaid fees | A PayPal-backed UK fintech which provides services to the HMRC is locked in a legal battle with a former client over an accusation of unpaid pre-determined charges.
Embedded payments firm Modulr has filed a winding up petition against Paymo... |
| 12.09.2025 | PayPal-backed Modulr reports increased revenues, pulls back from crypto clients | PayPal-backed UK fintech Modulr has reported a reduction in annual pre-tax losses of £11m in 2024, as it targets US expansion and pulls back from working with crypto clients.
Modulr provides white-label payment infrastructure for businesses... |
| 10.07.2025 | Julie Sutton Joins Paymentology to Accelerate Growth Across Europe | Julie Sutton, Paymentology
Paymentology, a London, UK-based issuer processor, announced the appointment of Julie Sutton as Head of Growth, Europe.
In this new role, she will lead the company’s growth strategy across Europe, working closely ... |
| 18.02.2025 | 96% of Travel Leaders Call for Payment System Overhaul | A staggering 96% of European travel leaders believe their current payment processing systems fall short, according to the latest research by Scottish embedded payments firm, Modulr.
According to the Edinburgh-based fintech, these inefficien... |
| 15.01.2025 | LemFi's Bold Leap: $53 Million to Empower Immigrant Communities | In the bustling world of fintech, LemFi is making waves. The Oakland-based startup recently secured $53 million in Series B funding, pushing its total capital raised to a staggering $85 million. This financial boost is not just a number; it... |
| 14.01.2025 | Lemfi raises $53 million Series B round, acquires European firm | Lemfi, a remittance startup serving African immigrants across 22 countries, has raised $53 million in a Series B round to support its expansion into Europe through the acquisition of a European firm.
The round was led by Highland Europe, a ... |
| 17.12.2024 | UK Fintech Modulr Secures Contract with HMRC for Confirmation of Payee Services | Listen to this article
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UK-headquartered virtual payments services provider Modulr has reportedly entered a contract with HMRC for the provision of Confirmation of Payee (CoP) services, which has been secured under... |
| 29.11.2024 | $233M for Brightcove, regulators crack down on Monzo and Northvolt hands out bonuses | This week we tracked more than 65 tech funding deals worth over €465 million, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.. In addition to this week's top financials, we've also indexed the most i... |
| 25.11.2024 | UK’s Embedded Payments Fintech Modulr Announces Acquisition of Nook | Listen to this article
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Modulr, an embedded payments platform, announces its acquisition of Nook, an innovator in accounts payable (AP) automation.
Both companies said they aim to address inefficiencies, remove man... |
| 22.11.2024 | Belgian unicorn Odoo raises €500M, Northvolt files for Chapter 11, and OASYS NOW wins €1M in Slush 100 | This week we tracked more than 95 tech funding deals worth over €2.5 billion, and over 15 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week's top financials, we've also indexed the most i... |
| 19.11.2024 | The Rise of Sustainable Fintech: Modulr and Ecore Lead the Charge | In the fast-paced world of finance and sustainability, two companies are making waves. Modulr, a UK fintech backed by PayPal, is reshaping payment infrastructure. Ecore International, a leader in circularity, is transforming waste rubber in... |
| 19.11.2024 | PayPal-backed Modulr snaps up first acquisition | A PayPal-backed UK fintech that offers white-label payment infrastructure for businesses has made its first acquisition and more could follow, says its boss. Modulr, which calls itself an “embedded payments platform", has acquired Lond... |
| 19.07.2024 | Restrictions on onboarding new customers lifted at UK fintech Modulr | UK embedded payments provider Modulr has had a temporary ban on onboarding new customers lifted but must give the financial regulator a warning when doing so.
The collapse of US Banking-as-a-Service (BaaS) provider Synapse has increased the... |
| 04.06.2024 | UK Embedded Payments Fintech Modulr Announces New Solution for Travel Industry | Modulr, the embedded payments platform, announced the launch of its innovative travel payments solution, specifically designed to address the unique needs of online travel agents (OTAs) and travel industry intermediaries.
The new offering r... |
| 25.05.2024 | UK Fintech Modulr Announces New Initiative with University of Edinburgh Business School | Modulr is pleased to be working with the University of Edinburgh Business School.
Their collaboration showcases their shared commitment “to fostering technology innovations, inspiring the next generation of business leaders and building Sco... |
| 22.05.2024 | Nine Scottish Fintechs Set to Feature at Money20/20 Conference | FinTech Scotland, in partnership with Scottish Development International (SDI), the international arm of Scottish Enterprise, have announced the participation of nine Scottish fintech companies at European fintech conference, Money20/20, wh... |
| 22.03.2024 | Clash of the Cashbacks: HyperJar Introduces 1.5% Cashback on all Spending | London, United Kingdom, March 22nd, 2024, FinanceWire
● Offers 1-1.5% cashback on all card spend with a £200 per month cap* – fee-free
UK spending super-app HyperJar is adding to its feature set with cashback on all spending, one of the mos... |
| 19.09.2023 | Malta's wamo bags $1.5M of Turkish funding from Finberg and RePie | Malta and London-based SME digital business account provider wamo has raised $1.5 million in what it's calling a seed extension round. This additional funding takes wamo’s total funding to date to $6.8 million. The funds raised will go towa... |
| 12.10.2022 | Ripple's Major Partner in Europe Joins Digital Pound Foundation: Details | The Digital Pound Foundation, a nonprofit focused on the development and implementation of the digital pound in the United Kingdom, has announced the addition of Ripple partner Modulr to its membership community.
We are pleased to announce ... |
| 18.05.2022 | After being granted the Dutch EMI licence, Modulr raises €102.7M led by General Atlantic | UK and Ireland-based Modulr, a fintech startup that offers an embedded payments platform for digital businesses, announced on Tuesday that it has raised $108M (approximately €102.76M) in a Series C round of funding. The company has now rais... |
| 03.03.2022 | UK Fintech Modulr Raises Faster Payments Limit to £1M for Customers, As Default | The team at UK Fintech Modulr notes that they are pleased to let their clients know that their Faster Payments transaction limit has “increased from £250,000 to £1 million for inbound and outbound payments, in line with the retail payments ... |
| 14.01.2022 | UK Fintech Modulr Explains How Payments-as-a-Service is Helping the Travel Industry to Enhance CX | Software is “changing the world,” according to an update from UK Fintech Modulr.
Modulr writes in a blog post that thanks to Cloud computing and the rise of SaaS (Software as a Service), businesses are now “powered by virtual services rathe... |
| 04.01.2022 | UK’s Banking and Financial System Doesn’t Provide Good Value for Ordinary Consumers: Survey | Fintech Modulr, which supports a new digital payment account for businesses and is specifically building services for companies needing a faster, easier and more reliable way to move money, notes that when they analyzed the results from the... |
| 01.11.2021 | Survey by UK Fintech Modulr Reveals that Consumers Feel More at Risk of Becoming Targets of Online Fraud | UK-based Fintech firm Modulr notes that unless you’ve been living in a completely different digital dimension, you can’t have “failed to hear about the data breaches and high-profile phishing scams that have been hitting the recent headline... |
| 21.10.2021 | Forget Gen Z, Fintech Firms Look to Attract Tech-shy ‘Boomers’ | Older generations are becoming more perceptive to new financial technology in the wake of the coronavirus pandemic, research shows.
According to a study conducted by payments-as-a-service firm Modulr, more than two-thirds (65%) of over 65s ... |
| 15.10.2021 | DIGIT Movers and Shakers | September 2021 | Recruitment The National Robotarium and Innovate UK
The National Robotarium has marked a major milestone with the appointment of its first chief executive officer.
Stewart Miller, former chief technology officer at Innovate UK, has been con... |
| 25.09.2021 | UK Fintech Modulr to Bring Fast-Tracked Financial Technology to Europe with Netherlands Expansion | Fintech firm Modulr has now opened business offices in the Netherlands, which will serve as “the springboard for its EU-wide expansion in 2022 and 2023.”
Following steady business growth in the United Kingdom during the last 5 years, Modulr... |
| 22.09.2021 | Edinburgh-based Fintech Begins Expansion into EU | Edinburgh-based fintech Modulr – recently named the second-fastest growing tech company in the UK – today unveiled its new Amsterdam office, acting as a springboard for further expansion into Europe over 2022 and 23.
The payments-as-a-servi... |
| 16.08.2021 | UK Fintech Modulr Shares Updates on Mode for Business, a Super App Providing Digital Financial Services | A team of experienced investors, technologists and Fintech professionals, Mode has been offering innovative financial services in the United Kingdom, Europe and across the globe since their inception back in 2018.
Although we might be aware... |
| 04.08.2021 | Open Banking: UK Fintech Modulr Says that Financial APIs are Driving the Financial Revolution | A completely digital economy has “always been on the horizon” and now, thanks to the Covid-19 outbreak, that horizon has been “brought to the forefront” of business operations, the team at UK-based Fintech Modulr writes in a blog post.
Befo... |
| 21.07.2021 | UK Fintech Modulr Secures Visa Ready Certification, which Helps Clients Access Seamless Digital Payments Solutions | UK-based Fintech firm Modulr reveals that they’ve managed to secure their Visa Ready certification, which supports customers in selecting the “best of breed payment solutions” that meet Visa’s international standards.
As noted in an update ... |
| 15.07.2021 | Payments Platform Modulr Receives Visa Ready Status | UK fintech Modulr has secured Visa Ready certification, allowing it to provide support for clients in choosing products that meet the global standards of Visa.
Working with Visa will allow the digital payment firm to automate payment flows,... |
| 09.07.2021 | UK Fintech Modulr, a Payments as a Service API Platform, Comments on Differences in Protections between its Services and Incumbents | Modulr, a Payments as a Service API Platform for digital businesses, notes that they work hard every day to make sure that all of the client communications are clear. The UK-based Fintech is also committed to playing its part in enhancing e... |
| 16.06.2021 | UK Fintech Modulr Explains how they Helped Direct Lender Moneyboat Enhance its Operations | UK-based Fintech firm Modulr notes that direct lender Moneyboat had been quite frustrated by the limitations of the existing banking system.
That’s why Moneyboat decided to leverage certain infrastructural Fintech payments solutions to prov... |
| 11.05.2021 | Zumo launches virtual Visa debit card | Zumo, the Edinburgh-based crypto wallet, has today announced the launch of its Zumo virtual card. This new product allows users in the UK to make purchases at any online retailer which accepts Visa. |
| 13.04.2021 | UK Fintech Modulr Secures Strategic Investment from FIS | Modulr, a Payments as a Service API Platform for digital businesses, has revealed that it received a strategic investment from the venture division of FIS.
FIS intends to leverage Modulr‘s API-enabled payments infrastructure to carry out an... |
| 24.03.2021 | Modulr Comments on how Fintech Is “Driving Next Evolution” of Vertical SaaS Businesses | Modulr, a Payments as a Service API Platform for digital businesses, notes that they’re seeing the rise of the infrastructural Fintech. The company claims to have “front row seats” to see how Software as a Service companies (and customers) ... |
| 17.12.2020 | Investment Roundup | Scotland’s Top Funding Deals of 2020 | It comes as no surprise that Scottish businesses have taken a hit over the last year.
The introduction and spread of Covid-19, subsequent uncertainty about the future of the economy and record job losses have done nothing to raise spirits.
... |
| 08.12.2020 | 2020 Tech Trailblazers Award winners announced | Expert judges recognise some of the world’s top enterprise tech startups
London, UK – 8th December 2020 – The 15 winners of the ninth edition of the Tech Trailblazers Awards – a global awards program focused on enterprise technology startup... |
| 03.12.2020 | DIGIT Deal Roundup | November 2020 | Investment & Funding Mocean Energy
Green energy startup Mocean Energy has secured major new investment to accelerate the development of its wave energy tech.
The Edinburgh-based startup has raised £612,000 of seed funding, as well as £2... |
| 01.12.2020 | Revolut launches early salary feature in the UK and web app | Fintech startup Revolut has two new features this week. First, the company is launching a web app for its regular users — not just business users. Second, in the U.K., Revolut has partnered with Modulr to let you receive your salary a day e... |
| 23.11.2020 | UK fintech startup Modulr raises €10M from PayPal Ventures to develop more products, hire, & expand | Modulr, a UK and Ireland-based fintech startup has secured £9M (nearly €10.1M) investment from PayPal Ventures to develop additional products, grow its team and expand its customer base.Investment from PayPal Ventures
Modulr is the Payments... |
| 20.11.2020 | Scottish Fintech Modulr Gains £9 Million PayPal Backing | Edinburgh-based fintech Modulr has announced the backing of online payments giant PayPal.
Modulr received £9 million in funding from the firm, which it said will be used to develop additional products, grow its team, and expand its customer... |
| 29.06.2020 | Edinburgh-based Crypto Startup Zumo Partners With Modulr | Edinburgh-based cryptocurrency wallet and exchange platform, Zumo, has announced an exciting new partnership with fintech scale-up Modulr.
The partnership will enable Zumo to begin development of a seamless fiat-to-cryptocurrency payments s... |
| 19.06.2020 | Modulr and Soar Partnership Offers Digital Support to Scottish Companies | Ethical fintech disruptor Soar has teamed up with Payments and service company Modulr to deliver a real-time payments solution to support responsible lenders in Scotland.
The system, powered using Modulr’s 24-hour API platform, will enable ... |
| 15.05.2020 | Tech startups weekly: Real bird-like drone, smart femtech bracelet, and more funding for European companies | The whole world is still trying to cope up with the COVID-19 pandemic that has brought in irreversible changes in the lives of many. This pandemic has also affected several businesses across the world and while some companies are progressin... |
| 13.05.2020 | London-based Modulr, a corporate payments alternative, snaps up €21.3 million | Today Modulr, a digital alternative to commercial and wholesale transaction banking, has secured around €21.3 million in growth funding to further develop its platform and expand into new products and markets.
The funding round was led by H... |
| 13.05.2020 | Modulr raises £18.9m (€22m) in growth funding to develop its payments platform, invest in new products and expand into Europe | Digital payments scale-up Modulr has raised £18.9m (€22m) in funding to develop its platform and expand into new product areas and markets
In under 4 years, Modulr has grown to process more than £25 billion worth of payments through its pa... |
| 13.05.2020 | Modulr Raises £18.9M in Growth Funding | Modulr, a London, UK-based digital payments scaleup, raised £18.9m in funding.
The round was led by Highland Europe with participation from existing investors including Frog Capital.
The company intends to use the funds to develop its platf... |
| 12.05.2020 | Modulr raises £18.9M for its ‘Payments as a Service’ | Modulr, the U.K. fintech that offers ‘Payments as a Service’ as an alternative to commercial and wholesale transaction banking, has secured £18.9 million in growth funding. Leading the round is Highland Europe with participation from existi... |
| 27.11.2019 | Revolut supports direct debits in the UK | Fintech startup Revolut is adding a key feature for users who want to replace their traditional bank account altogether. You can now pay with GBP direct debits. Revolut already added EUR direct debits last year.
While most people use cards ... |
| 10.09.2019 | 11 of the Coolest Fintech Companies Innovating in Scotland | Figures published in May 2019 by FinTech Scotland show that there are now more than 100 fintech companies operating across Scotland.
This increase marked a significant rise compared to the beginning of the year when it was announced that th... |
| 16.08.2019 | DIGIT Tech News Roundup: 16th of August 2019 | Cyan Forensics leads fight against child exploitation with US Partnership
Napier University spin-out Cyan Forensics has secured a major US partnership to help tackle child exploitation. @CyanForensics @MissingKids https://t.co/0wzO6Qp7Vo
— ... |
| 15.08.2019 | Fintech Scale-up Modulr to Create 50 Jobs in Edinburgh | Fintech scale-up Modulr will use a £10 million grant to expand its Edinburgh operations and create more than 50 high-quality jobs.
The funding boost, delivered through the Capability and Innovation Fund, will enable the creation of a new pr... |
| 10.06.2019 | DIGIT Deal Roundup May 2019 | News Hutchinson Networks
Midlothian-based IT and networking specialists, Hutchinson Networks, has gone into administration. Blair Nimmo and Alistair McAlinden of KPMG were appointed as joint administrators to oversee the sale or closure of ... |
| 21.05.2019 | Term Sheet — Tuesday, May 21 | DEBUT DEAL
Mary Meeker has made her first investment out of Bond Capital, the new firm she launched after spinning out of Kleiner Perkins last year.
Paid Content You can't secure what you can't see From ExtraHop
The funding announcement mad... |
| 20.05.2019 | Payments as a Service (PaaS) startup Modulr secures $17.82 million to accelerate growth and seize the $14 trillion global B2B transactions market | The global B2B transactions processed by pureplay digital operators will reach $14 trillion by 2023, up from $6.7 trillion in 2018, according to Juniper Research report. To seize on this global opportunity, Modulr, the Payments as a Service... |
| 20.05.2019 | Daily funding roundup - May 20th, 2019 | Daisie landed $2.5M; Arris Composites closed $10M; Health at Scale secured $16M; Modsy raised $37M
Daisie: Daisie brings creators together and supports them to do amazing work. Daisie has raised $2.5 million in seed funding. The company, co... |
| 20.05.2019 | Top tech startup news for today, Monday, May 20, 2019 | Good morning! Below are some of the top tech startup news stories for Monday, May 20.
Google is suspending some business activity with Huawei, killing the Chinese company’s giant global smartphone ambitions. In complying with United States... |
| 20.05.2019 | Modulr Raises £14m in Funding | Modulr, a London and Edinburgh, UK-based Payments as a Service API Platform for digital businesses, raised £14m in funding.
The round, which brought the total amount raised to £24.5m, was led by new investors Frog Capital as well as further... |
| 02.10.2018 | DIGIT Movers and Shakers September 2018 | Recruitment LendingCrowd
Sir Sandy Crombie, former CEO of Standard Life and senior independent director at Royal Bank of Scotland, has joined the LendingCrowd as chairman.
Commenting on the announcement, he said: “LendingCrowd has made impr... |
| 24.09.2018 | Modulr Receives Funding; Brings Total Funding to £10.5M | Modulr, a London, UK-based fintech company offering digital payments accounts for businesses, received a new funding round of undisclosed amount.
This latest round, which brought total funding raised to date to £10.5m, was led by Blenheim C... |
| 21.09.2018 | Growing Teams for Scaling Fintech Businesses | Digital payments account firm, Modulr, headquartered in London, has just opened a new office in Edinburgh, which is expected to create 30 new jobs before the end of the year.
The new Edinburgh team will work to extend the company’s current ... |
| 10.09.2018 | Key Scottish Tech Figures Launch Women in STEM Survey | Purpose HR, training management software specialist Administrate, Fintech company Modulr and Girl Geek Scotland have pooled their talent and resources to launch a survey on technology sector diversity.
The survey will examine what attracts ... |
