MODIFI, a leading provider of B2B Buy Now, Pay Later (BNPL) solutions, has successfully raised $15 million in a new funding round led by SMBC Asia Rising Fund. This investment round also saw continued support from existing partners, including Maersk, Intesa Sanpaolo, and Heliad, strengthening MODIFI’s position as a key player in the global B2B financing market.
The new funding will primarily fuel MODIFI’s expansion in rapidly growing markets like China and India, where demand for flexible financing solutions is rising among small and medium-sized enterprises (SMEs). Founded in 2018 by Nelson Holzner, MODIFI is focused on empowering SMEs by providing accessible liquidity and streamlined payment terms that ease cash flow constraints and open doors for international expansion.
MODIFI’s platform offers a suite of tools designed to support SMEs in managing their financial needs efficiently. With instant working capital approval and robust risk management features, including buyer default and fraud protection, MODIFI is helping SMEs gain a foothold in international markets while safeguarding their business transactions. The company has facilitated over $3 billion in trade across 1,800 companies worldwide, underscoring its role in the global B2B trade landscape.
The latest investment will further MODIFI’s mission to support underserved SMEs, driving digital transformation and financial inclusion in markets where traditional financing options can be limited.