MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion

MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion

MODIFI will use the funds to expand into the US.MODIFI's digital trade finance platform provides SMEs with buyer and seller financing in a matter of days.MODIFI tripled its business in 2020 and launched in four new markets during the pandemic - China, Hong Kong, UAE and Spain. The trend has continued in 2021 with the launch in the Netherlands. AMSTERDAM, THE NETHERLANDS - Media OutReach – 17 March 2021 - Global fintech MODIFI announces a new 60m USD debt facility with Silicon Valley Bank (SVB), bringing its total raised capital to 111m USD. The facility from SVB's German Branch will be used to address
PrimaDollar to focus on supply chain trade finance and larger clients, MODIFI acquires its SME export trade finance business

PrimaDollar to focus on supply chain trade finance and larger clients, MODIFI acquires its SME export trade finance business

MUMBAI, INDIA & AMSTERDAM, THE NETHERLANDS - Media OutReach - 24 February 2021 - PrimaDollar has made the strategic decision to focus on its category-leading supply chain trade finance platform. This is an enterprise, SaaS, technology solution that enables large and mid-sized importers to take control over how their international suppliers are funded and paid. With the increasing success of this platform and focus on larger clients, PrimaDollar's board has determined that its existing export customers, who are typically SMEs, will be better served by moving across to one of the dedicated export trade finance specialists operating with a similar geographic footprint. PrimaDollar selected MODIFI after a full market review.
    Prev         Next    

Insider

It's time to build a scenario to gradually open the economy Economy

It's time to build a scenario to gradually open the economy

VCN - More than four months since the fourth Covid-19 pandemic broke out, to "rescue" businesses that were already exhausted, the Government is calculating options to gradually reopen the economy after a long period of social distancing.The status of “turning on-off” is no longer relevant.
20:37 | 22/09/2021
Vietnam To Attract 30 Billion USD in FDI in 2021 Economy

Vietnam To Attract 30 Billion USD in FDI in 2021

Vietnam may attract about 30 billion USD in foreign direct investment (FDI) in 2021, posting a year-on-year rise of 2 percent, forecasting a positive sign in FDI attraction in the first eight months of 2021.
20:36 | 22/09/2021
FIFA 22 Top 10 Most Improved Players Handbook

FIFA 22 Top 10 Most Improved Players

EA Sports have confirmed the top 10 most improved players on FIFA 22. Let's scroll down to find out this list, which is considered a great starting point for many FIFA fans.
20:36 | 22/09/2021
Phiên bản di động