Modular Finance

What Modular Finance does

Modular Finance is a Stockholm-headquartered SaaS company founded in 2013 that builds data-driven software products for capital markets, specifically serving investor relations (IR) professionals and banking and finance professionals. The company develops and maintains a proprietary dataset of shareholder and ownership information, which it combines with purpose-built software products to address workflows that include share register analysis, investor targeting, regulatory news distribution, MAR/PDMR compliance, and analyst consensus management.

The product architecture is modular and is segmented into two customer lenses. For Investor Relations, the core products are Monitor (share register analysis, investor targeting, and CRM), MFN (regulatory news distribution), Strictlog (MAR compliance and insider list/PDMR management), and Datablocks (live-data modules for IR websites). For Banking and Finance, the core products are Holdings (ownership data with analysis features), Dataflow (API access to proprietary data), MFN Bank & Finance (sector-tailored news distribution), and Strictlog Advisor (advisory layer on the compliance product). An add-on layer — including Estimates (analyst consensus), CRM Pro, Bonds (bondholder data), Uncover (enhanced shareholder analysis), and Holdings Pro/Bonds/Unlisted — supports upsell and wallet expansion. Underlying the suite is a proprietary data enrichment capability focused on accuracy and freshness of shareholder data.

The business operates a B2B SaaS subscription model with annual billing, distributed through a direct enterprise sales motion. Pricing is quote-based and not publicly disclosed, and customers engage via demo bookings on the company website. The go-to-market targets enterprise and mid-market accounts in IR and banking/finance, supported by content marketing, LinkedIn presence, newsletter distribution, and earned media (including the 2024 Breakit SaaS Company of the Year award). The company has offices in Stockholm (headquarters) and London, operates across European capital markets, and reports enterprise customers including NatWest Group, Rightmove, Zeus, and Nordic Waterproofing, with a stated Net Promoter Score of 72. Ownership structure, investors' stakes beyond Rite Ventures and Sprints, and revenue figures are not publicly disclosed.

Name

Modular Finance

Legal name

Modular Finance

Website

https://modularfinance.se

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Modular Finance is a Stockholm-based SaaS provider that delivers proprietary shareholder data and software products — including IR platforms, regulatory news distribution, MAR compliance tools, and ownership analytics — to investor relations and banking/finance professionals across European capital markets.

Ownership category

akta.pro rank

Product category

Investor Relations and Capital Markets Software

NAICS

Software Publishers (5132), Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150)

SIC

Finance Services (6199), Investment Advice (6282)

akta.pro primary industry

Fund Services & NAV Support (Fund Accounting Interfaces) (FSAFALAJ)

akta.pro secondary industry

Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB)

Keywords

• Investor relations software
• Regulatory news distribution
• Shareholder data platform
• MAR compliance software
• Capital markets data API

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Subscription Products: Modular Finance generates revenue through subscription-based SaaS products targeting investor relations and finance professionals. Products include Monitor, MFN, Strictlog, Holdings, Dataflow, Datablocks, Estimates, and various add-ons like CRM Pro, Bonds, and Uncover. The company operates on a subscription model with annual billing, offering multiple product tiers and add-ons for their platforms.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Modular Finance builds and sells a modular suite of data-enriched SaaS products for capital markets, including the Monitor investor relations platform, MFN regulatory news distribution, Strictlog MAR compliance, Holdings shareholder data, Dataflow API, and Datablocks IR website modules. Its offering is targeted at IR professionals and banking/finance teams who need accurate shareholder data, regulatory news distribution, compliance tooling, and analyst consensus services on a subscription basis.

Product overview

Modular Finance offers a platform-plus-modules architecture serving investor relations and banking/finance professionals. The core product suite for Investor Relations includes Monitor (IR platform with share register analysis, investor targeting, and CRM), MFN (regulatory news distribution), Strictlog (MAR compliance and PDMR management), and Datablocks (website modules with live data). For Banking and Finance, Holdings provides shareholder data with analysis features alongside Dataflow (API access). The portfolio extends through add-on modules including Estimates (analyst consensus), CRM Pro (enhanced CRM for Monitor), Bonds (bondholder data), and Uncover (enhanced shareholder analysis), allowing customers to purchase core products standalone or enhance them with specialized add-ons.

Differentiator

Problem solved

Functional benefit

Brands

• Monitor: Investor Relations Platform - Share Register Analysis, investor targeting, investor CRM and more.
• MFN
• Datablocks
• Strictlog
• Holdings
• Dataflow
• Estimates
• CRM Pro
• Bonds
• Uncover
• Strictlog Advisor

Products and services

• Monitor

Quantifiable outcome

• Net Promoter Score of 72 indicating high customer satisfaction

Named customers5 records

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature10 records

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Q4 Inc. Toronto-based IR software platform serving listed companies with shareholder intelligence, IR websites, and analytics. Direct competitor in the IR platform space, with comparable product breadth (CRM, analytics, website) and similar mid-market enterprise go-to-market.
• Notified: Global IR and PR communications platform offering regulatory news distribution, IR websites, and shareholder services. Direct competitor to MFN (regulatory news) and Datablocks (IR website modules).
• Maintain AB: Swedish-headquartered IR, financial communications and corporate access provider. Direct Nordic competitor offering IR tools, news distribution, and events to the same Nordic listed-company base that Modular Finance serves.
• Issuer Direct: US-listed provider of IR and compliance solutions including shareholder communications, disclosure management, and stockholder intelligence. Comparable in target customer (IR teams at listed companies) and product mix.

Broad incumbents

• Cision: Global PR, IR, and earned media platform with significant Nordic presence. Larger incumbent that overlaps with MFN (regulatory news) and broader IR communications workflows but at portfolio scale well beyond Modular Finance's niche.
• Nasdaq IR Intelligence: Owned by Nasdaq Inc., this is a global shareholder intelligence, governance, and IR data platform. Broad incumbent with a deep ownership dataset directly comparable to Modular Finance's Holdings product.
• LSEG (Refinitiv): London Stock Exchange Group's data and analytics arm (including legacy Refinitiv) provides shareholder data, ownership analytics, and IR-relevant intelligence. Broad incumbent with overlapping offerings to Holdings and Dataflow.
• S&P Global Market Intelligence: Provides ownership data, M&A analytics, and IR-relevant intelligence under the S&P Capital IQ umbrella. Broad incumbent competing for the same banking/finance buyer personas as Modular Finance's Holdings.
• Euronext Corporate Services: The pan-European exchange operator offers IR, listing, and corporate services to listed companies across European markets including the Nordics. Competes broadly with Modular Finance's IR suite, especially among Nordic listings.

Regional players

• Mkango Resources: Note: alternative peer for IR services includes IR.Services (regional IR advisory). Comparable regional player offering IR advisory and shareholder services in markets adjacent to Modular Finance's Nordic/UK footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/modular-finance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modular Finance