{"id":863834,"date":"2023-02-14T18:01:10","date_gmt":"2023-02-14T17:01:10","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/modernfi-raises-4-5-million-in-seed-funding-as-banks-embrace-software-to-source-deposits-and-manage-balance-sheets\/"},"modified":"2023-02-14T18:01:10","modified_gmt":"2023-02-14T17:01:10","slug":"modernfi-raises-4-5-million-in-seed-funding-as-banks-embrace-software-to-source-deposits-and-manage-balance-sheets","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/modernfi-raises-4-5-million-in-seed-funding-as-banks-embrace-software-to-source-deposits-and-manage-balance-sheets\/","title":{"rendered":"ModernFi raises $4.5 million in seed funding as banks embrace software to source deposits and manage balance sheets"},"content":{"rendered":"Andreessen Horowitz leads round, supporting rapid adoption of the first tech-forward deposit marketplace for banks\n\nNEW YORK--(BUSINESS WIRE)--ModernFi, which operates the first tech-enabled marketplace that allows banks to exchange deposits on demand, announced today that it has raised $4.5 million in seed funding. The round was led by Andreessen Horowitz with participation from industry leaders across tech, finance, and government.\n\n\n\nModernFi operates a deposit marketplace that connects banks with excess deposits to banks that need funding. By providing an outlet for excess deposits, the firm helps banks manage balance sheet size and earn potential revenue. By providing deposits on demand, the firm helps banks source liquidity and fund a<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Andreessen Horowitz leads round, supporting rapid adoption of the first tech-forward deposit marketplace for banks NEW YORK&#8211;(BUSINESS WIRE)&#8211;ModernFi, which operates the first tech-enabled marketplace that allows banks to exchange deposits on demand, announced today that it has raised $4.5 million in seed funding. The round was led by Andreessen Horowitz with participation from industry leaders [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-863834","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ModernFi raises $4.5 million in seed funding as banks embrace software to source deposits and manage balance sheets - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/modernfi-raises-4-5-million-in-seed-funding-as-banks-embrace-software-to-source-deposits-and-manage-balance-sheets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ModernFi raises $4.5 million in seed funding as banks embrace software to source deposits and manage balance sheets - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Andreessen Horowitz leads round, supporting rapid adoption of the first tech-forward deposit marketplace for banks NEW YORK--(BUSINESS WIRE)--ModernFi, which operates the first tech-enabled marketplace that allows banks to exchange deposits on demand, announced today that it has raised $4.5 million in seed funding. 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