Modulr named one of the UK’s fastest-growing tech companies by Deloitte
Nov 2021
Blenheim Chalcot is delighted to announce that Modulr has been named a 2021 Deloitte UK Technology Fast 50 winner!
Now in its twenty-fourth successful year, the Deloitte Technology Fast 50 is one of the UK’s foremost technology awards programmes, which ranks companies based on revenue growth over the last four years. It’s a celebration of innovation and entrepreneurship and an acknowledgement of the 50 fastest-growing technology companies in the UK.
Modulr is extremely proud to have been placed 42nd in their debut appearance on the list. Congratulations are also in order to Modulr customers Revolut and Salary Finance (among others who have not been announced yet).
As well as being a major validation for Modulr’s customers, investors and partners – all who share the conviction that a digital world deserves digital payments – this recognition is testimony to the amazing Modulr team who have worked tirelessly to get Modulr to where it is today.
Myles Stephenson, CEO of Modulr, commented: “All of us at Modulr are delighted to be named a 2021 Deloitte UK Technology Fast 50 winner. It’s wonderful to be able to collectively look beyond the challenges of the last couple of years and for businesses to receive recognition for the innovation and achievements that have helped maintain the UK’s momentum in fintech.”
“This ranking reminds us why we’re doing what we’re doing – making money move more efficiently through business and the economy – one business payment at a time. When we started Modulr, we set about creating a payments platform that combined a tech stack, regulatory permissions and deep access to critical payments infrastructure to help digital businesses embed efficient payments and compete in the digital world. Six years on and we remain steadfast and true to that original mission.”
Duncan Down, lead partner for the Deloitte UK Technology Fast 50 programme, said: “The extraordinary growth of this year’s Fast 50 represents the remarkable tenacity of the UK’s technology industry. Deloitte’s 2021 Fast 50 awards are a clear demonstration of the wealth of talent, creativity, and entrepreneurship in the UK’s technology industry today.
“The 2021 Deloitte UK Technology Fast 50 highlights the success being achieved within the sector today. The Deloitte UK Technology Fast 50 awards are an opportunity for businesses to gain recognition for their innovation and achievements over the last four years. The 50 fastest growing UK technology companies, as ranked by Deloitte, generated around £2.92bn in total annual revenues in the year 2020/21 and employed more than 19,320 people. The Deloitte UK Technology Fast 50 recorded an average three-year growth rate of 3,337 per cent.”