ModernFi
Intelligent infrastructure for U.S. financial institutions
New York, United States · Founded 2022 · $53.2M raised
- Headquarters
- New York
- Employees
- 11–50
- Founded
- 2022
- Business Model
- B2B
- Website
- modernfi.com
- Total Funding
- $53.2M
- Last Round
- $30.0M Series BSep 2025
- Rounds
- 3
About
ModernFi operates institution-owned deposit networks that help U.S. financial institutions provide reciprocal deposit insurance, optimize funding, and improve profitability. Trusted by over 761 member institutions managing $2.8 trillion in deposits across all 50 states, ModernFi serves banks through NBID and credit unions through its CUSO, giving members preferential pricing, profit share, and governance oversight modeled on infrastructure networks like Visa and DTCC.
Summary
ModernFi is a Fintech company based in New York, United States, founded in 2022. It has raised $53.2M in total across 3 rounds, most recently a $30.0M Series B round in Sep 2025. Investors include Canapi Ventures and Andreessen Horowitz.
Tech & App Stack
29 technologies & apps tracked
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Funding History
Sep 2025
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Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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