MODIFI Partners with SMBC Asia Rising Fund to Boost SME Exports in Asia

MODIFI, a leader in cross-border B2B payments and trade finance, has secured a strategic investment from the SMBC Asia Rising Fund. The $15 million funding round aims to accelerate exports by small and medium-sized enterprises (SMEs) in Asia, supported by existing investors including Maersk and IntesaSanPaolo.

The partnership includes a Memorandum of Understanding with Sumitomo Mitsui Banking Corporation to enhance digital solutions for SME exporters. This aligns with MODIFI's expansion efforts, particularly in high-growth markets such as China and India. The collaboration seeks to empower SMEs with innovative financial solutions to optimize cash flow and expand internationally.

MODIFI has established its market leader status in cross-border trade finance, aiding over 1,800 companies and facilitating $3 billion in global trade since 2018. The company continues to push the boundaries of global commerce with its secure and flexible payment solutions.