Fintech Startup Modo Closes Over $13M in Series A Funding
DALLAS, Nov. 27, 2018 /PRNewswire/ — ModoPayments (Modo), the payments technology startup focused on reducing friction in payments, today announced the completion of over $13M Series A financing. This latest round brings the total amount of funding...
PYMNTS: Modo On How FinTechs Can Help Merchants Access Payments Marketplaces
Originally published on PYMNTS.com Funding can often be a sign of confirmation for FinTech startups. For Modo, the company’s Series A round showed that there is an appetite for companies that give banks or large retailers the opportunity to compete o...
CardRates: Modo Helps Financial Institutions Connect the Dots
Originally Published on CardRates In a Nutshell: Payments systems have evolved rapidly in the digital age, and banks and other financial services companies have had to utilize multiple legacy systems from various companies to keep up with demand and preferen...
The Paypers: Modo in the Payments and Commerce Market Guide 2018 – 2019
Originally published in The Paypers Payments and Commerce Market Guide 2018-2019 The Paypers has interviewed Bruce Parker, founder and CEO of Modo, to learn more about loyalty programmes and the trends and developments impacting the payments industry. &...
PYMNTS PODCAST: Why Merchants Should Go ‘Auth Shopping’
Originally published on PYMNTS.com Listen to the full podcast below: If conversion is among the most important things to a merchant, and a frictionless experience is the most important thing to a consumer, the twain do not meet as well as they sh...
PYMNTS: Rethinking Card Declines, Data Security And Customer Experiences
PYMNTS chatted with Modo CEO, Bruce Parker, on the effect card declines have on merchants and their customer engagement. Read an excerpt from the interview below, or check out the full interview here. To better serve clients and help make their busine...
The Nilson Report: Interoperability from ModoPayments
Originally published on The Nilson Report ModoPayments handles distributed transaction processing on behalf of clients needing interoperability for payment and loyalty systems. The company’s cloud-based (AWS) platform, called Coin, is a utility that solves...
PYMNTS: Taking On Card Declines With Interoperability
Originally published on PYMNTS Merchants are facing a sizable number of card declines, which are stubbornly averaging at around 15 percent. That challenge is not lost on FinTech startups. “Merchants are now getting swamped with declines,” Modo Chief Exec...
Gateway vs. switch: it is not an either/or only question
Originally published on The Paypers Bruce Parker, Modo, explains why gateways and switches fall short of working with “unhappy” payments and how merchants must change their tactics when going global By Bruce Parker, CEO of Modo As the number of digital pa...
