Tag: MODIFI

PingPong, one of the largest payment companies in Asia, has teamed up with MODIFI, a specialized FinTech platform focusing on B2B cross-border financing and payment solutions.

MODIFI, a global business payments firm specialising in cross-border B2B transactions, has announced a new funding round. This fast-growing FinTech enterprise, established in 2018, is known for providing instant payment solutions to suppliers and offering payment deferment options to buyers for up to 180 days.

MODIFI, which claims to solve global trade finance for small and medium businesses, has received a $60m debt facility with Silicon Valley Bank.

FinTech deal activity nearly tripled in the first quarter compared to Q1 2020 as companies completed 50 funding rounds