ModernFi CUSO Receives Funding from Leading Credit Unions to Enhance Deposit Growth through a New Deposit Network.
ModernFi CUSO Receives Funding from Leading Credit Unions to Enhance Deposit Growth through a New Deposit Network.
11/19/24, 12:17 PM
Location
new yorkIndustry
financial services
ModernFi CUSO announces a new funding round supported by several leading credit unions, aimed at enhancing their deposit network to help credit unions of all sizes grow deposits and member relationships.
Company Info
Location
562 west end ave., apt. 6f
new york, new york, united states
Additional Info
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.