See other companies on Welcome to the Jungle
MODIFI
Global B2B payments and trade services
- 101-200 employees
- Fintech
- B2B
- Trading
- SaaS
- De Weteringschans, Amsterdam, Netherlands
Jump to section
Company mission
To grow our customers' business and market reach.
Our take
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.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- We have networks around the globe with offices in Amsterdam, Berlin, Dhaka, Dubai, Mumbai, Shenzhen and Singapore
- We care about the environment - that’s why we commit to a clear understanding of our CO2 footprint and strive to reach neutrality
- You want to get to know your colleagues better?! We organize regular gatherings, events and parties
- Many perks like a cultural day, personal training, language courses and more
- At MODIFI we have a very hands-on mindset, giving our people the chance to grow with their responsibilities
Company values
- Make it happen: We believe in limitless potential. Together, we turn ambitious ideas into impactful realities, transcending individual roles for collective success
- Grow together: Our growth is intertwined with our customers. Their advancement propels us forward, enriching our collective journey and defining our shared successes
- Think 10x: We aim to revolutionize FinTech with bold, exponential thinking. Our vision extends beyond the conventional, striving for impacts that are ten times greater
- Own your actions: Empowerment is key at MODIFI. Each team member is encouraged to take responsibility, crafting their path with creativity and precision
Funding (last 2 of 4 rounds)
Nov 2024
$15m
SERIES C
Sep 2021
$24m
SERIES B
Total funding: $47.9m
This company has top investors
Leadership
Nelson Holzner
(Co-Founder & CEO)Has 20 years of professional experience in top international firms, startups and high-growth companies, and is the founder and ex-CEO of BillPay.
Sven Brauer
(Co-Founder & COO)Previously a key part in building BillPay, and was also part of Klarna's Senior Management team until 2018.
Jan Wehrs
(Co-Founder & CTO)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.
Articles
Jobs (3)
Software Engineering
Finance, Legal & Compliance