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§ Private Profile · Amsterdam, Netherlands
MODIFI is a technology company.
MODIFI offers a digital trade finance platform, enabling small and medium-sized businesses (SMEs) to streamline international trade. The company provides fast and flexible financing, simplifying global business payments and optimizing supply chain operations. Its platform facilitates import and export financing, helping clients manage cash flow and execute cross-border transactions efficiently.
Founded by Nelson Holzner, Sven Brauer, and Jan Wehrs, MODIFI emerged from recognizing the inherent inefficiencies of traditional, paper-based trade finance, which often marginalized SMEs. Their core insight was to digitize these processes, democratizing access to crucial financial instruments for robust global commerce.
The platform primarily serves SMEs engaged in international trade, delivering integrated solutions for payment and trade management needs. MODIFI’s vision centers on becoming the premier digital partner for global trade, continually enhancing offerings to foster client growth and financial resilience. The company aims to accelerate international transactions, cultivating a more efficient global economy.
MODIFI has raised $220.0M across 6 funding rounds.
MODIFI has raised $220.0M in total across 6 funding rounds.
MODIFI has raised $220.0M in total across 6 funding rounds.
MODIFI's investors include Sumitomo Mitsui Banking Corporation, Antler, NEVA SGR, Picus Capital, Heliad Equity Partners, Intesa Sanpaolo, Maersk Growth, HSBC Innovation Banking, Acton Capital Partners, Canary Ventures, Prime Ventures, Sequoia Capital.
MODIFI is a FinTech company founded in 2018 that provides a digital platform for B2B cross-border payments, trade financing, and Buy-Now-Pay-Later solutions, primarily empowering small and medium-sized enterprises (SMEs) in international trade.[1][2][3][5] It serves over 1,700 customers across 55+ countries, offering tools for instant payments post-shipment, risk protection, working capital management, and seamless trade visibility through a single dashboard, addressing cash flow challenges and supply chain disruptions for exporters and importers.[2][3][5] With rapid growth, MODIFI was named one of Europe's fastest-growing companies in 2024 by the Financial Times and operates from 9-10 global offices including Amsterdam, Singapore, New York, and Mumbai.[1][2][3]
The platform eliminates traditional trade barriers with zero paperwork onboarding, digital-first processes, and flexible financing, enabling businesses to expand market reach and manage global transactions efficiently.[2][5]
MODIFI was founded in 2018 in Amsterdam by CEO and Co-founder Nelson Holzner and a leadership team with diverse expertise in FinTech and global commerce, driven by a mission to make international trade seamless, transparent, and accessible.[1][2][3] The idea emerged from recognizing pain points in cross-border trade, such as opaque payments, financing gaps for SMEs in emerging markets, and supply chain vulnerabilities, challenging the status quo for exporters and importers worldwide.[1][4]
Early traction came from its innovative B2B Buy-Now-Pay-Later model and global expansion, growing from Europe to offices in North America, Asia, UAE, India, and Bangladesh, now serving thousands of customers and partners.[3] Pivotal moments include rapid scaling post-founding and earning accolades like the Financial Times ranking in 2024, fueled by investor backing from leading venture capital firms and strategic partners.[2][3]
MODIFI rides the wave of digital transformation in global trade FinTech, capitalizing on surging e-commerce, SME internationalization, and post-pandemic supply chain digitization.[2][3] Timing is ideal amid rising cross-border volumes and financing gaps for emerging-market exporters, where traditional banks fall short, allowing MODIFI's agile solutions to fill voids in B2B payments and liquidity.[1][5]
Market forces like geopolitical disruptions and demand for transparent, instant trade tools favor its growth, as seen in its Financial Times ranking and expansion to high-potential regions like Asia and the Middle East.[3] It influences the ecosystem by empowering SMEs to compete globally, fostering trade networks, and setting standards for embedded finance in commerce, backed by strategic investors amplifying its impact.[2]
MODIFI's trajectory points to continued hypergrowth, potentially doubling customers and markets by leveraging AI-driven risk assessment and deeper API integrations for trade platforms.[2][3] Trends like tokenized assets, real-time global payments, and sustainable trade finance will shape its path, positioning it as a consolidator in B2B FinTech amid regulatory tailwinds for digital solutions.[3]
Its influence may evolve from niche disruptor to infrastructure layer for international commerce, especially as SMEs drive 50%+ of global trade—watch for IPO or major acquisitions. This builds on its core aim: making trade seamless for businesses worldwide.[1][2]
MODIFI has raised $220.0M across 6 funding rounds. Most recently, it raised $15.0M Other Equity in November 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 6, 2024 | $15M Venture Round | Sumitomo Mitsui Banking Corporation | — | Announced |
| Nov 1, 2024 | $15M Series C | Sumitomo Mitsui Banking Corporation | Antler, NEVA SGR, Picus Capital, Heliad Equity Partners, Intesa Sanpaolo, Maersk Growth | Announced |
| Jul 18, 2023 | $100M Debt Financing | HSBC Innovation Banking | — | Announced |
| Sep 1, 2021 | $24M Series B | Heliad Equity Partners | Acton Capital Partners, Antler, Canary Ventures, NEVA SGR, Picus Capital, Prime Ventures, Sequoia Capital, Carlos Julio Garcia, Claire Diaz Ortiz, Oskar Hjertonsson, Sergio Furio | Announced |
| Mar 17, 2021 | $60M Venture Round | Folake Shasanya | — | Announced |
| Jun 1, 2019 | $6M Series A | — | Antler, Canary Ventures, NEVA SGR, Picus Capital, Sequoia Capital, Carlos Julio Garcia, Claire Diaz Ortiz, Oskar Hjertonsson, Sergio Furio | Announced |