Modulr raises USD 108m in Series C funding round led by General Atlantic

May 18, 2022

Modulr, an embedded payments platform for digital businesses, today announced that it has raised $108m (£83m) in series C funding led by General Atlantic, a leading global growth equity firm. The round also included significant participation from existing investors including Blenheim Chalcot, Frog Capital, Highland Europe, and PayPal Ventures.

Click here to read the press release

Target – MODULR FINANCE LIMITED

Buyer – GENERAL ATLANTIC LIMITED

Buyer – BLENHEIM CHALCOT MANAGEMENT LIMITED

Buyer – FROG CAPITAL LIMITED

Buyer – HIGHLAND EUROPE LTD.

Buyer – Undisclosed Private Investors

Buyer – PayPal Holdings, Inc

Seller – Shareholders

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