Global B2B Payments and trade services
See open opportunities
To empower small and medium-sized businesses to trade internationally with digital trade finance.
De Weteringschans, Amsterdam, Netherlands
8% employee growth in 12 months
COO of Otta
SMEs play a vital role in global trade, representing 98% of exporters and contributing 30% to global volumes. However, over half of their trade finance requests are rejected by banks, creating a massive $1.5T funding gap. This leaves SMEs unable to seize new trade opportunities despite growing global trade and consumer demands.
Modifi aims to bridge this gap - it provides SMEs with simple digital solutions to finance and manage their trades, protect them from counter-party risk, and easily track their shipments. It services over 1,000 buyers and sellers across more than 40 countries. Since being founded in 2018, Modifi has grown at an astounding rate and is now the only digital trade finance platform for SMEs that spans the three major trading regions of Europe, Asia and North America - a cluster which encompasses approximately 80% of global imports and exports.
Following major funding across multiple rounds, Modifi's current strategy is focused on addressing increasing demand and helping more SMEs trade internationally on their digital platform. Fundamentally, with the OECD predicting that the trade finance landscape is to undergo "profound changes" in the coming years, Modifi has a great opportunity to be at the forefront of change for the better.
Last 2 fundraises
This company has top investors
Has 20 years of professional experience in top international firms, startups and high growth companies, and is the founder and ex-CEO of BillPay.
Was a key part in building BillPay, and was also part of Klarna's senior management team until 2018.
IT professional with more than 12 years’ hands on experience with various platforms and over 5 years’ experience as Senior IT executive. Also a member of the alphalist network.
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