Modulr receives strategic investment from the venture arm of FIS

14th April 2021

Press contacts

viali.munteanu@cognitomedia.com | PR (FIS)

fisuk@cognitomedia.com | PR (FIS)

katherine.gordine@octopusgrp.com | PR (Modulr)

modulr@octopusgrp.com | PR (Modulr)

About Modulr

Modulr is the Payments as a Service API platform for digital businesses. It integrates into any product or system. Modulr’s new type of payment accounts are built for businesses that need a faster, easier and more reliable way to move money. Businesses can automate payment flows, embed payments into their platforms and build entirely new payment products and services themselves. All managed in real-time, 24/7 from one API. Modulr FS Limited (FRN 900573) is an Authorised Electronic Money Institution, regulated by the Financial Conduct Authority. Modulr FS Europe Limited (638002) is authorised by the Central Bank of Ireland as an Electronic Money Institution.

Modulr most recently received investment from PayPal Ventures in late 2020 and has raised a total £63.3 million from the former, Highland Europe, Frog Capital, Blenheim Chalcot and a £10m grant from the Capability and Innovation Fund. Modulr was also named the second fastest growing tech company in 2021 by Dun&Bradstreet.

About FIS

FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.

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To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

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