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Maersk Growth Invests in German Trade Finance Startup

June 6, 2019


The new partnership will be kicked off today with a meeting in Copenhagen, as informed by Maersk.

Founded in November 2018, Modifi offers a trade finance platform for small and medium-sized buyers and sellers. It has developed a digital and automated underwriting model enabling lower operating costs and quicker access for customers to increased liquidity.

Maersk Growth and investor Global Founders Capital led a funding round of EUR 5.5 million (USD 6.2 million) for the expansion. Picus Capital completed the round alongside existing shareholders.

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