MODIFI Valuation Increases to $120M as Global Fintech Company Raises $24M in Equity

14 Sep, 2021

MODIFI Valuation Increases to $120M as Global Fintech Company Raises $24M in Equity
Photo by Florian Wehde on Unsplash

– MODIFI announced $24M in funding, which brings its valuation to more than $120M.
– The round was led by Heliad Equity Partners with a co-investment from Neva SGR, the venture capital investment vehicle of Italy’s leading banking group Intesa San Paolo.
– Existing investors also participated significantly, including Global Founders Capital, Maersk Growth, and Picus Capital.
– The funds will be used to grow MODIFI’s digital trade finance platform for SMBs (small-to-medium businesses) into a global trade management hub.

Financial Services FinTech Western Europe
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