Funding Round · B2B Payments · 2024

MODIFI secures $15M strategic investment from SMBC Asia Rising Fund

MODIFI raised $15M Strategic equity investment round led by SMBC Asia Rising Fund on November 6, 2024.

Primary
MODIFI
Counterparty
SMBC Asia Rising Fund
Amount
$15M
Structure
Strategic equity investment round
Date
November 6, 2024
Sub-sector
B2B Payments

Capital enables MODIFI's expansion in cross-border B2B BNPL and trade finance across high-growth Asian markets including China and India.

Primary company
MODIFI
Counterparty
SMBC Asia Rising Fund
Amount
$15M
Event date
November 6, 2024
Sub-sector
B2B Payments
HQ
Structure
Strategic equity investment round
Source published
November 6, 2024
Publisher
PRNewswire / Sina Hong Kong

Source: portal.sina.com.hk