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3 Latest Announced Rounds

$1,652.74M Raised in 81 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Modulr

start up
United Kingdom - London, England
  • 18/05/2022
  • Series C
  • $108,000,000

The digital standard in business payments.


Related People

Myles StephensonFounder

Myles Stephenson United Kingdom - Edinburgh, Scotland

Myles is currently the Chief Executive of Modulr - the new integrated payment service for businesses that need a faster, easier and more reliable way to move money. Modulr's API and platform delivers automated pay outs, simplified pay ins and the ability to launch new payment services across employment services, payroll, accounting platforms, lending, fintech, travel, and more.

Myles is an Experienced Payments Executive & Entrepreneur. From 2012 to 2015 Myles was Managing Director, WEX Europe which included leading the integration of CorporatePay into WEX Inc. and launching WEX’s broader product range in Europe. In addition, Myles was a Board Director for WEX Europe Services, WEX’s joint venture with Radius Payment Solutions.

Founded CorporatePay in 2008 with Blenheim Chalcot, CorporatePay grew rapidly to be a leading provider of commercial prepaid solutions. In May 2012, CorporatePay was acquired by WEX Inc., an international provider of corporate payment solutions publicly traded on the New York Stock Exchange.

Prior to founding CorporatePay, Myles spent seven years with Retail Decisions Plc, a world leader in fraud prevention and payment services. Myles’ roles included Director of Retail Decisions Europe with P&L responsibility for the European business unit and subsequently Strategic Development Director. As Strategic Development Director, Myles led ReD's investment in two joint ventures, Mi-Pay and Digital Payments, which extended ReD's product capability into the mobile payments market. Myles started his career with Marks and Spencer Plc.

Myles earned his MA in Biochemistry at Christ Church, Oxford University, which included conducting his research project at Padova University, Italy.