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ModernFi

About ModernFi

ModernFi helps banks & credit unions attract deposits, manage liquidity, and extend FDIC/NCUA insurance.

Business Information
Target Customers
banks credit unions
Industry Categories
Accounting/Finance Professional Services & B2B Marketplaces
Business Model
Revenue Model SaaS
Pricing Strategy Subscription-based
Sales Channels direct sales, partnerships with financial institutions
Funding Timeline
Round Date Amount Investors
Series B Oct 03, 2023 $30.0M Canapi Ventures, Andreessen Horowitz (a16z), Curql +1 more
Founders

No founder information available.

Investors
C
Canapi Ventures

Venture Capital

C
Curql

Venture Capital

R
Remarkable Ventures

Venture Capital

Recent Mentions
jbahrdestefano
JC Bahr-de Stefano @jbahrdestefano
Sep 03, 2025

More fintech growth funding! @ModernFi_ raised $30M Series B (led by @CanapiVentures, joined by @a16z + others) to expand its deposit-mgmt platform ModernFi helps banks & credit unions attract deposits, manage liquidity, and extend FDIC/NCUA insurance https://t.co/0WcuBkoBx7

samboboev
Sam Boboev @samboboev
Sep 06, 2025

🚨 FUNDING: US deposit network ModernFi raises $30 million ModernFi, the leading technology provider for deposit management, today announced a $30 million Series B funding round. Led by Canapi Ventures, with participation from Andreessen Horowitz, Curql, Remarkable Ventures, https://t.co/2ISD7tiV07