MODIFI, a global platform in B2B Buy Now, Pay Later (BNPL) solution, has raised $15 million in a fresh funding round led by SMBC Asia Rising Fund with participation from existing investors Maersk, Intesa SanPaolo, Heliad and other top-tier global investors.
Beyond the equity investment, MODIFI and Sumitomo Mitsui Banking Corporation (SMBC), have signed a Memorandum of Understanding (MoU) to jointly advance digital solutions that support SME exporters across Asia in expanding their international trade operations. Through a series of joint initiatives, MODIFI and SMBC aim to empower SMEs with innovative cross-border financing solutions.
This new capital infusion will accelerate MODIFI’s expansion, particularly in high-growth markets like China and India, where the company has already made significant inroads. MODIFI’s platform delivers critical liquidity and flexible payment terms to small and medium-sized enterprises (SMEs), helping them optimize cash flow and expand their international reach.
“The funding underscores the strength of our business and the confidence our investors have in our vision for the future. As global commerce evolves, MODIFI is at the forefront, providing innovative solutions that empower businesses to scale and succeed across borders,” said Nelson Holzner, CEO and Co-founder of MODIFI.
“Our mission is simple: We empower SMEs to compete and thrive in the global market with fast, flexible, and secure payment solutions. With this fresh funding, we’re set to redefine global trade finance ensuring businesses of all sizes can unlock the liquidity and get the protection they need to grow internationally,” added Holzner.
“By transforming cross-border supply chain finance for the digital age with their global presence, we believe MODIFI supports SMEs to scale their export businesses with ease. We look forward to collaborating with MODIFI to empower our corporate clients to expand their businesses globally with agility and financial flexibility overcoming traditional trade barriers,” said Keiji Matsunaga, General Manager of Digital Strategy Department, SMBC.
Heliad has also invested meaningfully following the lead of the previous financing round in 2023.
“While we proudly led the company’s Series B investment round in 2021, the landscape of global trade has completely changed since then. What remains constant is our belief in the outstanding management team that continues to drive sustainable growth and innovation. Their ability to adapt both themselves and the company to new market conditions is a testament to the clear leadership and vision that make the team around Nelson Holzner, Sven Brauer, and Jan Wehrs a driving force in the digital transformation of B2B commerce,” said Falks Schäfers, Member of the Management Board of Heliad AG.
Founded in 2018, MODIFI provides cutting-edge tools that optimize working capital and streamline cross-border payments. Through its extensive global network, MODIFI delivers fast, flexible, and secure financial solutions, helping companies expand their international footprint with ease.
MODIFI claims to have facilitated over $3 billion in global trade for more than 1,800 companies. The platform offers instant working capital approval, alongside integrated risk management tools that shield businesses from buyer defaults and fraud.
