Monday, December 16, 2024

Modifi: Raises 145MUSD in Debt Financing

Modifi Raises 145MUSD in Debt Financing

  • Modifi, a Berlin, Germany-based global fintech company, raised 145M USD in debt financing
  • Backers included Silicon Valley Bank and Solarisbank
  • The company intends to use the funds to expand its reach among small and medium-sized enterprises who want to trade internationally on its digital platform
  • The company is a global fintech company that allows small and medium sized businesses (SMEs) to finance and manage their international trades
  • Serving over 1,000 buyers and sellers across more than 40 countries, the company offers digital solutions that enable SMEs to trade like large corporates
  • The company currently operates out of 9 offices in Berlin, Amsterdam, New York, Delhi, Mumbai, Shenzhen, Hong Kong, Dubai and Dhaka

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