One embodiment of a modular pump includes a cover and a housing that may be engaged with one another during operation. A gearset may be positioned within an internal portion of the housing. If the modular pump is configured as a rotary pump, the gear set may be comprised of an inner gear positioned within a portion of a ring gear. The modular pump may include a spacer positioned between the cover and the housing to allow the modular pump to be configured with gear sets of varying axial dimensions.