About MODIFI
MODIFI is a company based in Berlin (Germany) founded in 2018. MODIFI has raised $48.59 million across 7 funding rounds from investors including Intesa Sanpaolo, Solaris and SVB. The company has 23 employees. MODIFI offers products and services including Sellers Cashflow, Trade Platform, and Shipment Tracking.
- Headquarter Berlin, Germany
- Employees 23
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website modifi.com/us
- Social LinkedIn X Facebook
- Legal Name Modifi Services Private Limited
- Date of Incorporation 08 Aug, 2019
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹9.41 Cr
FY 2025 · +38% YoY
- Net Profit₹45.8 Lakh
FY 2025 · 5% margin
- EBITDA₹69.8 Lakh
FY 2025 · 7% margin
- Total Equity Funding$48.59M (USD)
in 7 rounds
- Latest Funding Round$15M (USD), Series C
Nov 2024
- InvestorsIntesa Sanpaolo
& 9 more
- Employee Count23
Associated legal entities of MODIFI
MODIFI operates through Modifi Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Modifi Services Private Limited CIN U51909DL2019FTC365741 | Active | 08 Aug 2019 | New Delhi, Delhi | ₹9.4 Cr | 23 | 4 | View details |
Products & Services of MODIFI
MODIFI offers a comprehensive portfolio of products and services, including Sellers Cashflow, Trade Platform, and Shipment Tracking.
Enables instant payments for sellers after shipping goods.
Platform to scale and manage international business trades.
Tool for real-time updates on global shipments and trades.
Funding Insights of MODIFI
MODIFI has successfully raised a total of $48.59M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $48.59M
- Total Rounds 7
- Last Round Series C — $15M
- First Round $3.4M
(Nov 2018)
- Investors Count 10
All 7 funding rounds of MODIFI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $15M | Series C | – | SMBC Asia Rising Fund | |
| Jul 2023 | $100M | Debt – Conventional | – | – | |
| Dec 2021 | $145M | Debt – Conventional | – | – | |
| Sep 2021 | $24M | Series B | $120M | Heliad | |
| Mar 2021 | $60M | Debt – Conventional | – | – | |
| Jun 2019 | $6.19M | Series A | – | Maersk | |
| Nov 2018 | $3.4M | Seed | – | Global Founders Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $120M | •••••••• |
Last known valuation $120M (Sep 2021). 10 investors in total: 10 institutional.
Investors in MODIFI
MODIFI has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Intesa Sanpaolo, Solaris and SVB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups in fintech and lending are invested in. | – | smbc-asiarising.vc | Singapore, Singapore | |
Private equity investments in growth-stage companies are managed by Heliad. | 2000 | heliad.com | Frankfurt Am Main, Germany | |
Venture capital firm focused on early-stage startups | – | globalfounderscapital.com | Berlin, Germany | |
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses | – | picuscap.com | Munich, Germany | |
VC fund focused on early stage trade & logistics sectors | – | growth.maersk.com | Copenhagen, Denmark | |
Supply chain, logistics, and transportation services are provided globally. | 1904 | maersk.com | United States | |
Commercial banks | 2007 | intesasanpaolo.com | Turin, Italy | |
Provides banking and financial services for startups, scale-ups, and venture capitalists worldwide. | 2023 | hsbcinnovationbanking.com | London, United Kingdom | |
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
Solaris is recognized as a leading embedded finance platform in Europe. | 2016 | solarisgroup.com | Berlin, Germany |
Investor details for MODIFI
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Modifi Services Private Limited (MODIFI)
Modifi Services Private Limited is the primary company behind MODIFI. The board of Modifi Services Private Limited currently have 4 directors; the longest-serving is Sven Brauer, appointed in 2019. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sven Brauer DIN 08533804 | Director | 08 Aug 2019 | 7 yrs 2 mo | Modifi Services Private Limited |
| Nelson Holzner DIN 08533806 | Director | 08 Aug 2019 | 7 yrs 2 mo | Modifi Services Private Limited |
| Jan Christoph Wehrs DIN 09021563 | Director | 08 Jan 2021 | 5 yrs 9 mo | Modifi Services Private Limited |
| Anuj Parmar DIN 09415248 | Director | 04 Dec 2021 | 4 yrs 10 mo | Modifi Services Private Limited |
People of MODIFI
43 people are tracked at MODIFI (18 in leadership, 25 in team); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Meenakshi Krishnani | Head-partnership And Alliances | Leadership |
| Director Credit Risk | Leadership | |
Kate Mullord | Chief Financial Officer | Leadership |
Larisa Holzner | Director People & Culture | Leadership |
方浦 于 | Product Director China | Leadership |
Monjur Hossain | Sales Director | Leadership |
Manmohan Menon | Head of Risk | Leadership |
Annie Yadav | Commercial Head -india | Leadership |
Matthias Hendrichs | Global Chief Commercial Officer (cco) | Leadership |
Liviu Nedef | Senior Vice President And Head Of Global Marketing | CMO | Leadership |
| CTO & Co-Founder | Leadership | |
| CEO & Co-Founder | Leadership | |
| COO & Co-Founder | Leadership | |
Tushar Doara | Marketing Director | Leadership |
Jarosław Oworuszko | Financial Director | Leadership |
Mohil Khoche | Sales Director | Leadership |
Yash Shah | Associate Director Of Sales | Leadership |
Nitin Iyer | Vice President | Leadership |
Estelita Borges | Senior Analyst- Buyer Risk(Credit & Ops) | Team |
Sadique Virani | Compliance Manager | Team |
23 more people are available in the full profile.
Complete people profiles for MODIFI
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MODIFI
Figures of Modifi Services Private Limited, the primary company behind MODIFI, for FY 2025. Revenue was ₹9.41 Cr (+38% year on year). Net profit was ₹45.8 Lakh (5% margin). EBITDA was ₹69.8 Lakh (7% margin). Revenue has grown at a compounded annual rate of +35% over three years and +86% over five years.
- ₹9.41 CrRevenue · FY 2025 · +38% YoY
- ₹45.8 LakhNet profit · 5% margin
- ₹69.8 LakhEBITDA · 7% margin
- ₹1 LakhPaid-up capital
- 23Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +86%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Modifi Services Private Limited are on its company page.
Detailed financial statements for MODIFI
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of MODIFI
4 dated milestones of MODIFI across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MODIFI is founded.
- Funding First funding round of $3.4M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $15.0M.
Web traffic of MODIFI
The website of MODIFI (modifi.com) receives about 6.9K visits a month.
- Monthly visits6.9K
▼ 31.4% vs previous month
Websites whose visitors overlap most with MODIFI. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
fidcindia.org.in | fidcindia.org.in | 100% | – | #791,683 | – |
lexsite.com | lexsite.com | 48% | – | #7,231,093 | – |
Latest news on Modifi
Complete news archive for MODIFI
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to MODIFI
10 companies that operate in the same segment as MODIFI (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about MODIFI
MODIFI was founded in 2018.
MODIFI is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
MODIFI is a funded company, having raised a total of $48.59M across 7 funding rounds to date. The company's 1st funding round was a Seed of $3.4M, raised on Nov 2018.
MODIFI has 23 employees.
The primary company behind MODIFI, Modifi Services Private Limited, reported revenue of ₹9.41 Cr for FY 2025, up 38% year on year.
Founded in 2018 and based in Berlin, Germany, MODIFI functions within the fintech sector focused on international trade. An online platform is utilized to offer loans, determined by credit scores and the assessed value of trade finance instruments. Repayments are processed through credit or debit cards as well as bank transfers. Payments to sellers are executed on behalf of buyers to support global transactions. Operations emphasize efficiency in cross-border financing.
MODIFI offers Sellers Cashflow, Trade Platform, and Shipment Tracking.
MODIFI has 10 investors. Key investors include Intesa Sanpaolo, Solaris, SVB, Maersk, and Heliad.
The valuation of MODIFI is $120M as of Sep 2021.
MODIFI operates through Modifi Services Private Limited.
The legal entities of MODIFI currently have 4 directors, including Sven Brauer, Nelson Holzner, Jan Christoph Wehrs and others.