ModernFi

📍 New York, United States🗓 Founded 2022👥 50 employees💰 Last funded Jul 2024
Financial Services🌐 modernfi.com
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ModernFi helps financial institutions of all sizes grow, retain, and manage their deposits. Through ModernFis deposit network, banks and credit unions can sweep funds, source deposits, and provide additional security to depositors. ModernFi’s solutions help institutions attract and retain large-value depositors, driving growth and increasing balance sheet stability. ModernFi is backed by Canapi Ventures, Andreessen Horowitz, Remarkable Ventures, and leading banks Huntington National Bank, First Horizon, and Regions. ModernFi, Inc., together with its subsidiaries and affiliated entities, including ModernFi Deposit Services LLC, ModernFi CUSO LLC, and NBID LLC, are not banks or credit unions. ModernFi does not accept deposits, and deposit insurance covers the failure of an insured depository institution, not ModernFi. Deposit placement through ModernFi is subject to the terms, conditions, and disclosures in applicable agreements. A list identifying network banks can be found at https://www.nbid.com/bank-list. A list identifying network credit unions can be found at https://www.modernfi.com/credit-union-list.
3
Total investors
3
Early stage
0
Mid stage
0
Late stage
2022
Founded

Investors

3 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
United States
2
Italy
1
Investor activity2022–2024 · investors recorded per year
202212023120241
Recent (last 2y)Earlier
Frequently asked questions
Who invested in ModernFi?
ModernFi has 3 investors on record on gritt.io, including 3 early-stage backers.
When did ModernFi last raise funding?
The most recent investment in ModernFi recorded on gritt.io was in July 2024.
When was ModernFi founded?
ModernFi was founded in 2022.
What industry is ModernFi in?
ModernFi operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is ModernFi based?
ModernFi is headquartered in New York, United States.