Funding Round · Embedded Finance · 2020

Modularbank secures €4M Series A funding

Modularbank raised $5M Series A led by Karma Ventures, Blackfin Capital Partners, Plug and Play Ventures, Siena Capital on December 11, 2020.

Primary
Modularbank
Counterparty
Karma Ventures, Blackfin Capital Partners, Plug and Play Ventures, Siena Capital
Amount
$5M
Structure
Series A
Date
December 11, 2020
Sub-sector
Embedded Finance

Modularbank raises capital to expand embedded finance banking platform across UK and Europe as demand for flexible, API-driven core banking grows.

Primary company
Modularbank
Amount
$5M
Event date
December 11, 2020
Sub-sector
Embedded Finance
HQ
Structure
Series A
Source published
December 11, 2020
Publisher
Crowdfund Insider

Source: crowdfundinsider.com