Company profile
ModernFi
Powering growth with end-to-end deposit management for financial institutions
- Industry
- Financial Services
- Employees
- 53
- Headquarters
- New York, NY
- Founded
- 2022
- LinkedIn followers
- 4,815
- Office locations
- 1
ModernFi company summary
ModernFi is a company in the Financial Services industry, headquartered in New York, NY, founded in 2022. On LinkedIn the company has around 53 employees and 4,815 followers.
What technology does ModernFi use?
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About ModernFi
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. ModernFi, Inc., together with its subsidiaries and affiliated entities, including ModernFi Deposit Services LLC, ModernFi CUSO LLC, and NBID LLC, are not banks or credit unions. ModernFi does not accept deposits, and deposit insurance covers the failure of an insured depository institution, not ModernFi. Deposit placement through ModernFi is subject to the terms, conditions, and disclosures in applicable agreements. A list identifying network banks can be found at https://www.nbid.com/bank-list. A list identifying network credit unions can be found at https://www.modernfi.com/credit-union-list.
Where is ModernFi located?
ModernFi lists 1 location.
Compare companies similar to ModernFi
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| Company | Industry | Employees | Founded | Headquarters |
|---|---|---|---|---|
ModernFi modernfi.com | Financial Services | 53 | 2022 | New York, NY |
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Frequently asked questions about ModernFi
What does ModernFi do?
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. ModernFi, Inc., together with its subsidiaries and affiliated entities, including ModernFi Deposit Services LLC, ModernFi CUSO LLC, and NBID LLC, are not banks or credit unions. ModernFi does not accept deposits, and deposit insurance covers the failure of an insured depository institution, not ModernFi. Deposit placement through ModernFi is subject to the terms, conditions, and disclosures in applicable agreements. A list identifying network banks can be found at https://www.nbid.com/bank-list. A list identifying network credit unions can be found at https://www.modernfi.com/credit-union-list.
How many employees does ModernFi have?
ModernFi has around 53 employees on LinkedIn.
Where is ModernFi headquartered?
ModernFi is headquartered in New York, NY.
When was ModernFi founded?
ModernFi was founded in 2022.
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