Last updated 2026-07-21
- Acquired by Nayax, Sep 2019
- Raised grant, Sep 2020
Total raised
—
Stage
Acquired
Founded
2014
Headcount
30
HQ
Herzliya, Israel
Sector
Fintech & Insurtech
About
Modularity develops hardware-agnostic payment middleware with advanced features and capabilities enabling a variety of payment types. The companys solution is designed to increase efficiency while also reducing costs and resources. The companys moduPOS cash register app for IOS and Android allows mobile merchants to enjoy a full cloud-based ECR that can reside on tablets and mobile phones. Modularity also offers moduPay, a digital mobile wallet that provides fast and secured monetary transactions primarily for the unbanked markets and for financial institutions and others wishing to migrate to mobile digital transactions.
Funding history · 1 round · — total
2020-09
Grant
Undisclosed
Headcount over time
From 4 (2020-03) to 2 (2020-05) · -2 (-50%) · 2 points · source: Finder history + radar grounding
Q&A
- What is Modularity Technologies' primary business?
- Modularity Technologies develops hardware-agnostic payment middleware with advanced features and capabilities, enabling various payment types. Their solutions aim to increase efficiency and reduce costs.
- When was Modularity Technologies founded?
- Modularity Technologies was founded in January 2014.
- What is Modularity Technologies' current status?
- Modularity Technologies was acquired by Nayax in September 2019 and is currently inactive.
- What products does Modularity Technologies offer?
- Modularity Technologies offers moduPOS, a cloud-based cash register app for iOS and Android, and moduPay, a digital mobile wallet for fast and secured monetary transactions.
- In which sector does Modularity Technologies primarily operate?
- Modularity Technologies primarily operates in the Fintech & Insurtech sector.
- How many employees did Modularity Technologies have at the time of its acquisition?
- Modularity Technologies had 11-50 employees.
- Who founded Modularity Technologies?
- Modularity Technologies was founded by Gilad Hirsch.
Team · 1
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management
Technologies
Platforms & InterfacesMobile
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2B
Tags
iotsoftware-applicationsfintechenterprise-solutionspaymentsdigital-wallet
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | www.modularity.co.il |
|---|---|
| linkedin.com/company/13187007 | |
| facebook.com/modularity.co.il |
Identifiers & details
| Founded | 2014-1 |
|---|---|
| Employees (exact) | 30 |
| Status reason | Acquired (Inactive) by Nayax on Sep 2019 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Nayax 2019-09
Radar intelligence
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515017739 |
|---|---|
| Status | מחוסלת עקב מיזוג — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2014-01-28 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2021 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | אריק איינשטיין 3 הרצליה |