Overview
Modifi is a digital trade finance platform for SMEs that combines fintech and logistics tools to support cross-border trade. It offers instant financing for exporters and importers and a system to manage shipments and related documents in one place. Exporters can receive immediate invoice payments and importers gain extended payment terms, improving cash flow and inventory planning. By integrating financing, payments, and shipment tracking, Modifi helps SMEs compete globally with a transparent, end-to-end trade workflow.
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About MODIFI
Industries
Company Size
51-200
Company Stage
Series C
Total Funding
$353.4M
Headquarters
Berlin, Germany
Founded
2018
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Simplify's Take
What believers are saying
- November 2024 brought a $15 million SMBC-led round for Asia expansion.
- MODIFI's Bangladesh push targets underbanked exporters with a premium trade finance position.
- India and China expansion leverages SMBC MoU and existing Maersk relationships.
What critics are saying
- Finastra, Oracle, and Surecomp dominate trade finance software with entrenched bank clients.
- MODIFI depends on bank partners; SVB-style funding shocks can choke origination quickly.
- A bad SME credit cycle destroys trust, margins, and investor appetite within months.
What makes MODIFI unique
- MODIFI bundles financing, shipment tracking, and document workflows for SMEs.
- SMBC, Maersk, and Intesa Sanpaolo back MODIFI with capital and distribution.
- Bangladesh page promises financing in under 10 minutes and cash within 24 hours.
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Funding
Total Funding
$353.4M
Above
Industry Average
Funded Over
7 Rounds
Industry standards
Benefits
Professional Development Budget
Company Social Events
Growth & Insights and Company News
6 month growth
-2%1 year growth
0%2 year growth
0%MODIFI, a top fintech company focusing on trade finance, recently teamed up with the Federation of Indian Export Organisations (FIEO) for a roundtable event titled "Bridging the Gap in Export Finance."
Trade finance platform MODIFI expands Asia operations with $15 million.
Likeminded and nilo.health have merged. Oceanloop received a €35 million loan from the European Investment Bank for its aquaculture technology. Modifi raised $15 million from investors including SMBC Asia Rising Fund and Maersk to expand in Asia. Other investments include Xavveo with €8.6 million, Valuedesk and Nobile each with €5 million, and Fija with €1.2 million.
MODIFI, a B2B "Buy Now, Pay Later" platform, recently received $15 million in funding from Japan's Sumitomo Mitsui Banking Corporation (SMBC) to enhance digital solutions supporting SME exporters.
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About MODIFI
Industries
Company Size
51-200
Company Stage
Series C
Total Funding
$353.4M
Headquarters
Berlin, Germany
Founded
2018
MODIFI is Hiring for 5 Jobs on Simplify!
Find jobs on Simplify and start your career today