ModernFi Raises $30M Series B Strengthening Its Position as Foundational Infrastructure for the U.S. Banking System
September 3 2025
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, and new investor Intercontinental Exchange, Inc. (NYSE: ICE), the round brings ModernFi’s total funding to over $60 million. This investment reflects growing institutional recognition of ModernFi’s role as critical infrastructure for deposit stability and liquidity management in the post-2023 banking landscape.