We’re proud to share that ModernFi has been named to CB Insights’ Fintech 100, recognizing the world’s most promising private fintech companies! ModernFi has quickly become the premier provider of deposit management services to financial institutions nationwide. While we win and impress with our innovation, our focus always remains on delivering for our partners and working hand in hand with them to help them grow and better serve their communities. We’re honored by this recognition and grateful to our partners for their continued trust as we work together to strengthen the foundation of critical financial infrastructure.
ModernFi
Financial Services
New York, NY 4,088 followers
Powering growth with end-to-end deposit management for financial institutions
About us
ModernFi helps financial institutions of all sizes grow, retain, and manage their deposits. Through ModernFi's deposit network, banks and credit unions can sweep funds, source deposits, and provide additional security to depositors. ModernFi’s solutions help institutions attract and retain large-value depositors, driving growth and increasing balance sheet stability. ModernFi is backed by Canapi Ventures, Andreessen Horowitz, Remarkable Ventures, and leading banks Huntington National Bank, First Horizon, and Regions. Please find disclosures on ModernFi's website.
- Website
-
https://www.modernfi.com/
External link for ModernFi
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2022
Locations
-
Primary
Get directions
New York, NY 10020, US
Employees at ModernFi
Updates
-
We are proud to announce that Rodney E. Hood, former Acting Comptroller of the Currency and past Chairman of the National Credit Union Administration (NCUA), has rejoined ModernFi’s Board of Directors. Rodney brings decades of unmatched regulatory and governance expertise, having served in senior leadership roles across the Office of the Comptroller of the Currency, NCUA, Federal Deposit Insurance Corporation (FDIC), and Financial Stability Oversight Council. His insights will be instrumental as ModernFi continues to scale as critical infrastructure for community financial institutions nationwide. 📰 Read the full announcement here: https://lnkd.in/eHmB7Cpe
-
-
We enjoyed our time at Jack Henry Connect 2025 last week! ✨ It was an energizing week discussing deposit growth and connecting with banks and credit unions across the country. From catching up with existing partners to meeting so many new connections, the conversations highlighted the power of networks in today’s banking landscape. A huge thank you to everyone who stopped by booth #1527! We’re grateful for the chance to connect and collaborate. 👉 Didn’t get a chance to meet the team onsite? Let’s get the conversation going: https://www.modernfi.com/
-
-
🌴 Next stop: San Diego! 🌴 ModernFi is excited to be at Jack Henry Connect 2025 next week. We’ll be at booth #1527, sharing how financial institutions can: - Grow and retain relationships - Access on-demand liquidity - Strengthen balance sheet stability If you’re attending, stop by to learn about our partnership with Jack Henry and how ModernFi’s deposit networks are helping institutions stay competitive in today’s market. 📍 Booth #1527 | Jack Henry Connect 📬 Reach out to book time with our team—we’d love to connect.
-
-
ICE joins ModernFi’s Series B as a new investor, bringing decades of experience in building market infrastructure and advancing transparency across global financial systems. We’re grateful for their support and excited to work together to drive innovation and resiliency across the banking landscape. ⬇️ Hear from ICE President Ben Jackson on why they’re investing in ModernFi
-
-
ModernFi reposted this
🚀 Series B Milestone: We’re excited to announce our $30M Series B, led by Canapi Ventures, with participation from Andreessen Horowitz, Curql, and with new investment from ICE. Our mission at ModernFi is to support the scale and diversity of the American banking landscape so that institutions of all sizes can continue to grow and compete. We are grateful for the continued trust of our partners and backers, and we look forward to contributing to their success. Read the full press release 👉 https://lnkd.in/exq45yvu
-
-
ModernFi exists to support the scale, resilience, and diversity of the U.S. banking system. As we mark this next chapter with the close of our Series B, our CEO Paolo Bertolotti, PhD speaks to the role ModernFi plays, and the institutions we’re proud to serve. 👉 Read the full press release here: https://lnkd.in/exq45yvu
-
-
🚀 Series B Milestone: We’re excited to announce our $30M Series B, led by Canapi Ventures, with participation from Andreessen Horowitz, Curql, and with new investment from ICE. Our mission at ModernFi is to support the scale and diversity of the American banking landscape so that institutions of all sizes can continue to grow and compete. We are grateful for the continued trust of our partners and backers, and we look forward to contributing to their success. Read the full press release 👉 https://lnkd.in/exq45yvu
-
-
Grateful to see ModernFi highlighted as a leader in driving financial innovation! This recognition underscores our commitment to revolutionizing how financial institutions grow deposits and manage their balance sheets. We're fortunate to be among NYC's fintech leaders shaping the future of banking.
Primary’s annual focal fintech list is live, spotlighting the founders reshaping financial landscapes in the New York ecosystem. This year’s list showcases founders who have recently raised Seed or Series A funding, highlighting companies from AI-powered CFO tools to reinventing insurance operations. Check out Emily Man and Rachel Pavey's full spotlight list here: https://lnkd.in/eVNCYD2g
-
Today marks a transformative moment for the credit union industry. ModernFi CUSO is proud to announce our latest funding with new investments from 10 leading credit unions: ABNB Federal Credit Union, Ascend Federal Credit Union, Corporate One Federal Credit Union, Georgia's Own Credit Union, Idaho Central Credit Union, IH Mississipp Valley Credit Union, Royal Credit Union, SAFE FEDERAL CREDIT UNION, Service Credit Union, and Suncoast Credit Union. This follows previous backing from strategic credit union partners Curql and Members Development Company along with existing investors Canapi Ventures and Andreessen Horowitz. This strategic collaboration represents a shared vision for the future of credit unions. Together, we're building the first credit union deposit network, an advancement that will drive deposit and member growth across the industry. As we continue on this journey, we're reminded of ModernFi CUSO's core mission: to empower credit unions of all sizes to better serve their communities. To our team, partners, and the entire credit union community, your belief and support fuel our passion. Together, we're transforming and enhancing the way credit unions approach deposit growth. Credit unions have a bright future ahead, and we are proud to support their mission. Learn more here: https://lnkd.in/eAdAEHN8
-