MODIFI, headquartered in Berlin, Germany, is a global fintech company dedicated to providing export trade financing and international trade management services for small and medium-sized enterprises (SMEs) worldwide. The company is backed by the world’s largest container shipping company, Maersk.
MODIFI operates across the three major trade regions of Eurasia and North America, with a total of nine offices located in New York, Berlin, Amsterdam, Delhi, Mumbai, Dhaka, Shenzhen, Hong Kong, and Dubai.
The company has delivered secure and convenient digital solutions to importers and exporters in over 40 countries/regions, empowering SMEs to grow rapidly by offering the operational funds and risk protection necessary for their development.
Early Payment – No Collateral Required
- Online Financing: Apply for financing online without the need to submit any paper documents.
- Fast and Convenient: Financing can be processed and received within as little as 48 hours.
- No Hidden Fees: Pricing is 100% transparent and clear.
- Risk Protection: Covers buyers’ bad debt risk.
Main Process:
- MODIFI creates a credit limit for the exporter’s overseas buyers at no cost and signs a framework agreement with the exporter.
- After shipping to the verified buyers, the exporter uploads the invoice and shipping documents to MODIFI.
- Once the buyer confirms receipt, MODIFI provides 80% of the invoice amount as financing within two days.
- The buyer pays the total invoice amount to MODIFI on the due date.
- MODIFI pays the remaining 20% of the invoice amount to the exporter.
This invoice financing arrangement is widely accepted by buyers around the world and helps exporters negotiate better terms for more export deals, widely recognized as an effective method to enhance competitiveness.