Modo
Founded Year
2010Stage
Incubator/Accelerator - III | AliveTotal Raised
$22.23MAbout Modo
Modo is a payment platform to simplify payments for complex organizations. It allows global enterprise sellers to control and manage money and data flows, commerce propositions, and more. It was founded in 2010 and is based in Plano, Texas.
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ESPs containing Modo
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The card-linked programs market allows card issuers to integrate merchant rewards into their card programs, incentivizing consumers to use their products. Card-linked programs typically involve the use of a payment card or account linked to a loyalty program or offer, which automatically applies discounts or rewards at the point of sale. Additionally, this market enables merchants to drive strong …
Modo named as Leader among 9 other companies, including CRED, Drop, and HMBradley.
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Research containing Modo
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Modo in 2 CB Insights research briefs, most recently on Oct 20, 2021.
Expert Collections containing Modo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Modo is included in 4 Expert Collections, including Loyalty & Rewards Tech.
Loyalty & Rewards Tech
541 items
Startups allowing global brands and local shops alike to offer tech-enabled loyalty and rewards programs including loyalty software, AI-powered loyalty, blockchain-powered loyalty, and more.
Payments
2,780 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech
8,123 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Digital Banking
99 items
The open banking ecosystem is facilitated by three main categories of startups including those focused on banking-as-a-service, core banking, and open banking startups (i.e. data aggregators, 3rd party providers). These are primarily B2B companies, though some are also B2C.
Modo Patents
Modo has filed 8 patents.
The 3 most popular patent topics include:
- sensors
- wireless networking
- wireless sensor network
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
12/8/2020 | 5/3/2022 | Wireless networking, Wireless sensor network, Computer connectors, Sensors, Networking hardware | Grant |
Application Date | 12/8/2020 |
|---|---|
Grant Date | 5/3/2022 |
Title | |
Related Topics | Wireless networking, Wireless sensor network, Computer connectors, Sensors, Networking hardware |
Status | Grant |
Latest Modo News
Oct 28, 2023
How does Mikkel Aagaard respond then? By scoring two goals and securing another home win. – I want to play in the SHL with Modo Hockey and it doesn’t matter which other clubs get in touch, says the Dane. Mikkel Aagaard became a big match hero against the club that chased him in recent years. Picture: JONAS FORSBERG During the years in the Hockeyallsvenskan, Färjestad was one of the clubs that scouted Modo’s Danish forward Mikkel Aagaard up close. Novelty! This is included in +All: All articles – from Sydsvenskan in the south to Östersunds-Posten in the north.Live sports – on over 40 local news sites and apps from Sydsvenskan in the south to Östersunds-Posten in the north.DN Digital Bas – all articles on DN.se and in the DN app.Expressen Premium – all articles on Expressen.se and in the Expressen app and e-magazine.In addition – all articles on teknikensvarld.se, mama.se, skonahem.se, alltomresor.se, levaochbo.se, alltommat.se, halsoliv.se and amelia.seSame login everywhere This article is for subscribers only If you are already a subscriber: log in!
Modo Frequently Asked Questions (FAQ)
When was Modo founded?
Modo was founded in 2010.
Where is Modo's headquarters?
Modo's headquarters is located at P.O. Box 861765, Plano.
What is Modo's latest funding round?
Modo's latest funding round is Incubator/Accelerator - III.
How much did Modo raise?
Modo raised a total of $22.23M.
Who are the investors of Modo?
Investors of Modo include Plug and Play Accelerator, Deutsche Bank, MasterCard Start Path, Tim Keith, Jay Kassing and 3 more.
Who are Modo's competitors?
Competitors of Modo include Primer and 8 more.
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Compare Modo to Competitors
Primer offers an orchestration and commerce automation infrastructure platform. It enables merchants to unify their entire payment and commerce stack and build end-to-end flows helping them to expand into new markets. It was founded in 2020 and is based in London, United Kingdom.
Payrails delivers a flexible payment infrastructure. It builds a cloud-native payment operating system for high-growth businesses to accept payments globally and streamline payment operations. The company was founded in 2021 and is based in Berlin, Germany.
Stripe runs a financial infrastructure platform. The company offers a suite of services including online payment processing, revenue and finance automation, and banking-as-a-service. Its services allow businesses to accept payments online or in person, automate their revenue and finance operations, and embed financial services into their own platforms or products. Stripe primarily serves the e-commerce, software as a service (SaaS), marketplace, and finance automation sectors. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.
Yuno operates as an online payment ecosystem. It enables companies to add and manage all payment methods and customize integrated checkouts. It was founded in 2022 and is based in Bogota, Colombia.
Spreedly is a company that focuses on payment orchestration in the financial technology sector. The company offers a platform that enables businesses to connect to multiple payment services, secure payment methods in a PCI-compliant vault, and optimize digital transactions. Spreedly primarily serves merchants, merchant aggregators, and fintechs. It is based in Durham, North Carolina.
NORBr develops a payment routing platform designed to send transactions to the best-performing providers. Its platform offers a dashboard builder that allows users to set key performance indicators (KPIs), consolidate, reconcile, and crunch data in one place, enabling users to monitor every step. The company was founded in 2021 and is based in Amsterdam, Netherlands.
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