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MODIFI Announces 145m USD to Power International SME Trade Among Supply Chain Turmoil macaubusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macaubusiness.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Global fintech MODIFI today announced 145M USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds. ....
/PRNewswire/ Global fintech MODIFI today announced 145M USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds. ....
Operator Good day, and thank you for standing by. Welcome to the SVB Financial Group Q1 2021 Earnings Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Ms. Meghan O Leary, the Head of Investor Relations. Please go ahead. Meghan O Leary Head of IR Thank you, May, and thank you, everyone, for joining us today. Our President and CEO, Greg Becker; and our CFO, Dan Beck, are here to talk about our first quarter 2021 financial results, and they ll be joined by other members of our management team for the Q&A. Our current earnings release, highlight slides and CEO letter have been filed with the SEC and are available on the Investor Relations section of our website. We ll be making forward-looking statements during this call, and actual results may differ materially. We encourage you to review the disclaimer in our earnings release dealing with forward-looking information, which applies equally to statements made in t ....
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 increasing demand in existing markets, as well as fuel MODIFI s continuing growth and finance buyers and sellers in new geographies, particularly the US. ....