Tech Company Financing Transactions
MODIFI Funding Round
On 7/17/2023, MODIFI raised $100 million in funding from HSBC Innovation Banking.
Transaction Overview
Company Name
Announced On
7/17/2023
Transaction Type
Debt
Amount
$100,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The partnership with HSBC Innovation Banking is a key component of MODIFI's refinancing strategy, aimed at diversifying its funding sources with world-class capital providers. This comes on the heels of a $75 million debt facility MODIFI recently closed with another leading global financial institution.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Weteringschans 165 C
Amsterdam, 1017 XD
NL
Amsterdam, 1017 XD
NL
Phone
Website
Email Address
Overview
MODIFI was founded with one aim - to make trade seamless and transparent for businesses around the globe. We are challenging the status quo for exporters and importers alike. With MODIFI they gain full control of cross-border trade -- against all odds of supply chain disruptions. How? We offer a one stop platform for business payments and trade management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nelson Holzner
Chief Financial Officer
Francois Vachon
Co-Founder
Sven Brauer
Co-Founder
Jan Wehrs
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We report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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