“Modo’s technology is used by a variety of global players in the financial industry to optimize and manage their payment systems. Modo not only allows for connections to be made without requiring changes to the systems involved, but also ensures good-funds throughout the transaction lifecycle which eases the back-office burden for clients. Modo utilizes best in class security to ensure protection of transactional and client data. The funding from the Series A will be used to grow the team and expand the offerings of the company which has seen a seven-fold growth of transaction volume over the past year. Deutsche Bank announced their investment in Modo in August 2018 adding that the bank will be using Modo’s technology to access digital endpoints around the globe like Klarna, PayPal, Alipay, and WeChat to disburse funds globally.”