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ModernFi Receives Honors for Fintech Innovation

ModernFi Receives Honors for Fintech Innovation
tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.

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#NYCtech Week in Review: 1/21/24 – 1/27/24 – AlleyWatch

#NYCtech Week in Review: 1/21/24 – 1/27/24 – AlleyWatch
alleywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alleywatch.com Daily Mail and Mail on Sunday newspapers.

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The AlleyWatch Startup Daily Funding Report: 1/23/2024 – AlleyWatch

The AlleyWatch Startup Daily Funding Report: 1/23/2024 – AlleyWatch
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Large regional banks invest in startup deposit network

Large regional banks invest in startup deposit network
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ModernFi secures $18.7M to help banks grow their deposit base

A lot has happened in banking over the past year, including the Silicon Valley Bank collapse, and that’s enabled companies like ModernFi to step in and provide other solutions. The company provides community and regional banks with end-to-end deposit management capabilities, including a deposit network so bank customers can grow, retain and manage their deposit base by sourcing deposits, sweeping funds and providing additional security to depositors. In fact, ModernFi, founded in 2022 by Paolo Bertolotti and Adam DeVita, raised $4.5 million in a seed round a month prior to the SVB news. ....

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