Modulr’s growing profile as one of the key leaders in FinTech Payments took a further step being ranked in Deloitte’s fast 50 group. This is all the more impressive as Modulr is a B2B business, a business model which typically ranks down the order compared to their lower margin B2C comparators.
This fantastic momentum is built on three foundations:
- The Modulr team is exceptional, lead by second time entrepreneur and FinTech industry expert, Myles Stephenson, together with Chairman, Rob Devey, again another highly experienced FinTech industry veteran
- The product is market leading evidenced by strategic partnerships with PayPal, QuickBooks and FIS WorldPay, a very rare direct access to the Bank of England and a special mix of traditional clients like SAGE and new world clients like Revolut
- Finally, whilst investors like Blenheim Chalcott, Highland Europe and Frog Capital are key, it is actually the robustness of Modulr’s Risk & Compliance which is fundamental. Mike Venn and the Compliance team at Modulr are highly professional, rigorous and up there with the best in the industry providing clients and regulators with consistent confidence that Modulr is a scale-up that has invested ahead of the curve in this critical area
Congratulations to all the Modulr team for their exceptional work and momentum.
About the author
Mike launched Frog in 2009, after seven years in industry and 12 years at 3i. He represents Frog on the boards of Clue, Evotix and Modulr.