MODIFI raises $15 Mn in new round led by SMBC Asia Rising Fund

MODIFI, a global platform specializing in B2B Buy Now, Pay Later (BNPL) solutions, has raised $15 million in a funding round led by SMBC Asia Rising Fund, with participation from existing investors Maersk, Intesa Sanpaolo, Heliad, and other global backers.

The funds will be used to accelerate MODIFI’s expansion, particularly in high-growth markets like China and India.

Founded by Nelson Holzner, MODIFI’s platform provides essential liquidity and flexible payment terms to small and medium-sized enterprises (SMEs), enabling them to optimize cash flow and expand internationally.

Since its inception in 2018, MODIFI claims to have facilitated over $3 billion in global trade for more than 1,800 companies. The platform offers instant working capital approval, along with integrated risk management tools that help protect businesses from buyer defaults and fraud.