Amsterdam-based fintech MODIFI, which redefines global trade finance as a leader in B2B Buy Now, Pay Later (BNPL) solutions, has closed $15 million in funding. The round was led by SMBC Asia Rising Fund with participation from existing investors Maersk, IntesaSanPaolo, Heliad, and other leading global investors. Sumitomo Mitsui Banking Corporation (SMBC), one of Japan’s leading banks and a major financial force in the APAC region brings both capital and strategic alignment to the partnership.
This investment follows the entry of BNPL player Affirm into the UK and the debt financing secured by Mondu.
Beyond the equity investment, MODIFI and SMBC have signed a Memorandum of Understanding (MoU) to jointly advance digital solutions that support SME exporters across Asia in expanding their international trade operations. Through a series of joint initiatives, MODIFI and SMBC aim to empower SMEs with innovative cross-border financing solutions.
This new capital infusion will accelerate MODIFI’s expansion, particularly in high-growth markets like China and India, where the company has already made significant inroads. Its platform delivers critical liquidity and flexible payment terms to SMEs, helping them optimise cash flow and expand their international reach.
Delivers fast, flexible payment solutions
Founded in 2018 by Nelson Holzner, Sven Brauer, and Jan Wehrs, who already successfully built and scaled the fintech venture BillPay, MODIFI provides cutting-edge tools that optimise working capital and streamline cross-border payments. Through its extensive global network, the company delivers fast, flexible, and secure financial solutions, helping companies expand their international footprint with ease.
By integrating advanced risk management features and seamless payment processes, MODIFI is setting new benchmarks in global commerce, empowering businesses of all sizes to thrive in a rapidly evolving market.
To date, the fintech has facilitated over $3 billion in global trade for more than 1,800 companies. The platform offers instant working capital approval, alongside integrated risk management tools that shield businesses from buyer defaults and fraud.
“The funding underscores the strength of our business and the confidence our investors have in our vision for the future,” said Nelson Holzner, CEO and Co-founder of MODIFI. “As global commerce evolves, MODIFI is at the forefront, providing innovative solutions that empower businesses to scale and succeed across borders.”
“Our mission is simple: We empower SMEs to compete and thrive in the global market with fast, flexible, and secure payment solutions,” added Holzner. “With this fresh funding, we’re set to redefine global trade finance—ensuring businesses of all sizes can unlock the liquidity and get the protection they need to grow internationally.”
“By transforming cross-border supply chain finance for the digital age with their global presence, we believe MODIFI supports SMEs to scale their export businesses with ease. We look forward to collaborating with MODIFI to empower our corporate clients to expand their businesses globally with agility and financial flexibility overcoming traditional trade barriers,” said Keiji Matsunaga, General Manager of Digital Strategy Department, SMBC.
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