Modifi is a new digital trading platform for small-medium businesses

Neutral Modifi is a new digital trading platform for small-medium businesses

Nelson Holzner, former CEO and Founder of BillPay, has announced a new digital trading platform aimed at small to medium-sized businesses.

Dubbed MODIFI, the platform allows SMEs to apply for import financing between 5,000 Euros to 75,000 Euros in under 10 minutes via an online account. What's more, responses are usually given within 48 hours.

According to the company's website, most banks reject over half of SMB Trade Finance requests due to complex validation processes like KYC and AML, or issues with credit decisioning.

"MODIFI strives to change that through technology and a global ecosystem for trade partners." reads the official mission statement. "We make Trade Finance available, easy, flexible and transparent. We help our partners grow their businesses and give them peace of mind.

Because MODIFI is partnered with the IPA-integrated solarisBank, the platform will be able to keep exchanges entirely digital, cost-effective and 100% transparent.

"The company's digital-first approach is reflected in their partnership with the innovative solarisBank, MODIFI's licensed banking partner." the company said in an official release [Source: Crowdfund Insider]

"The API integration of solarisBank's services enables MODIFI to offer a fully digital end-to-end process from identification (KYC) to payout. Consequently, pricing is low and transparent, starting at just 0.99% per 30 days and with repayment terms of up to 120 days."

The platform will provide businesses with a choice of 30, 60 or 90 day payment terms, as well as an extra 30 days if goods deliveries are delayed.

Image: Bigstock

11/17/2018 / 05:00:23 Source: cryptonewsreview

Crypto | News | MODIFI | | Trading
BTC
1 BTC=$3,747.88
XRP
1 XRP=$0.3645
ETH
1 ETH=$104.58
XUC
1 XUC=$2.27
EOS
1 EOS=$2.70
BCH
1 BCH=$114.42

News Feed 50

Cointelegraph Neutral - Blythe Masters Steps Down as CEO of Digital Asset read more.
12/19/2018 / 02:15:00
Cointelegraph Neutral - Crypto Could Represent New Asset Class in Next Decade, Says BitMEX CEO read more.
12/19/2018 / 02:05:00
Bitcoin.Com Neutral - Russians to Be Allowed ICO Investments up to $9,000 per Year read more.
12/19/2018 / 01:55:45
Ccn Neutral - Court: Dark Web Bitcoin Murder-For-Hire Suspect Remains Under GPS Monitoring read more.
12/19/2018 / 01:55:34
Cointelegraph Neutral - Galaxy Digital’s Novogratz Does Not Expect Bitcoin Price to Sink Much More read more.
12/19/2018 / 01:20:00
Themerkle Negative - XRP Price – Can Support Hold at $0.35? read more.
12/19/2018 / 01:17:28
Bitcoinmagazine Neutral - Coinbase Now Lets You Convert your Altcoins into Bitcoin read more.
12/19/2018 / 01:02:10
Themerkle Neutral - Bitcoin Price Watch: Most Major Cryptocurrencies Are Up read more.
12/19/2018 / 01:00:50
Bitcoinist Neutral - What’s Next for Bitcoin Miners in 2019 Amid Lower Price? read more.
12/19/2018 / 01:00:44
Ccn Neutral - The Big Short: Former IMF Economist Finally Closes Year-Old Bitcoin Short read more.
12/19/2018 / 00:55:10
Cryptoglobe Neutral - Coinbase Pro Supports a 2nd Stablecoin (DAI, MKR), Golem (GNT), Zilliqa (ZIL) read more.
12/19/2018 / 00:32:00
Ccn Neutral - Coinbase Pro Adds Another Four Ethereum Tokens Including DAI read more.
12/19/2018 / 00:22:33
Bitcoin.Com Neutral - Only Sharks Will Feed on the Crypto Market’s Elusive Price Bottom read more.
12/18/2018 / 23:55:17
Cointelegraph Neutral - Spanish Renewable Energy Operator to Trace Electricity Generation With Blockchain read more.
12/18/2018 / 23:45:00
Bitcoinmagazine Neutral - Pierre Rochard: “Lightning Adoption Will Basically Mirror Bitcoin Adoption” read more.
12/18/2018 / 23:34:48
Cryptonewsreview Neutral - Bitmain’s problems mount as crypto declines cast doubt on IPO plans read more.
12/18/2018 / 23:31:15
Ccn Neutral - Swiss Federal Council Opts for Minimal Regulation read more.
12/18/2018 / 23:22:03
Coindesk Neutral - Institutional Crypto and a New Generation of Wall Street Leaders read more.
12/18/2018 / 23:15:08
Cointelegraph Neutral - JPMorgan Chase Analysts Say Prolonged Crypto Bear Market Is Scaring Off Institutions read more.
12/18/2018 / 23:15:00
Themerkle Neutral - Darknet Vendors Charge $1 per Stolen Personal Data “Account” read more.
12/18/2018 / 23:07:56
Cointelegraph Neutral - Bitcoin Payment Processor Closes Seed Investment Round Backed by Tim Draper read more.
12/18/2018 / 22:40:00
Coindesk Neutral - Blythe Masters, CEO of Blockchain Startup Digital Asset, Is Stepping Down read more.
12/18/2018 / 22:31:14
Ccn Neutral - Wanchain 3.0 Adds Loopring Enabling On-Chain Decentralized Trading read more.
12/18/2018 / 22:19:57
Bitcoinist Neutral - Binance CEO Says ‘It Doesn’t Have to Be a Competition’ With Coinbase read more.
12/18/2018 / 22:00:09
Cointelegraph Neutral - Gaming Giant Atari to Launch ‘Blockchain Versions’ of Two Popular Games read more.
12/18/2018 / 22:00:00
Coinspeaker Neutral - Maltese Blockchain Bank Set to Start Operations by Mid-2019 read more.
12/18/2018 / 21:59:43
Cointelegraph Neutral - Russian Region Conducts Blockchain Election With 40K Participants read more.
12/18/2018 / 21:45:00
Newsbtc Neutral - Bitcoin Is Here to Stay: Blockstream Satellite Expansion Makes Sure of It read more.
12/18/2018 / 21:30:37
Cointelegraph Neutral - Pro-Bitcoin Official in the White House: What We Know About Trump’s New Chief Of Staff read more.
12/18/2018 / 21:20:00
Ccn Neutral - Binance Labs Launches 8 Blockchain Startups read more.
12/18/2018 / 21:16:31
Newsbtc Neutral - Novogratz: Interest Left Crypto for Macro, But Bitcoin Will Emerge As Store of Value read more.
12/18/2018 / 21:02:27
Bitcoin.Com Neutral - Cointext Rolls Out Mobile BCH Services in Bangladesh, Now Services 38 Countries read more.
12/18/2018 / 20:55:03
Cointelegraph Neutral - Korean Gov’t Pilots Blockchain for Logistics Innovation in Country’s Largest Port read more.
12/18/2018 / 20:54:00
Cryptoinsider Neutral - VeChain: Supply chain management protocol for counterfeit prevention read more.
12/18/2018 / 20:43:28
Coindesk Neutral - Overstock’s Medici Acquires Digital Tokens Representing Startup Equity Shares read more.
12/18/2018 / 20:41:31
Ccn Neutral - Bull Gone: Bitcoin Price Forming Doji to Signal Potential Trend Reversal read more.
12/18/2018 / 20:21:38
Themerkle Positive - Bitcoin Cash Price Rises to $100 And Overtakes Litecoin read more.
12/18/2018 / 20:00:51
Newsbtc Neutral - Bitcoin Sustains Above $3,500 After Widespread Market Rally read more.
12/18/2018 / 20:00:36
Coindesk Neutral - Tim Draper Invests $1.25 Million in Bitcoin Payments Processor OpenNode read more.
12/18/2018 / 20:00:06
Cryptoglobe Neutral - The Week: Stablecoin Basis Folds, Revolut Wins Banking License, Swiss Crypto Exchange Launching read more.
12/18/2018 / 20:00:00
Ccn Neutral - Stablecoin Company Tether Ltd. Made $6.6 Million in Interest from January to July 2018, Report Does Not Confirm Full Cash Reserves read more.
12/18/2018 / 19:23:04
Ethnews.Com Neutral - German Bank Tests Blockchain For Development In Africa read more.
12/18/2018 / 19:09:38
Themerkle Neutral - First Major Christmas 2018 Crypto Scam Targets Basic Attention Token read more.
12/18/2018 / 19:02:37
Bitcoinist Neutral - Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet read more.
12/18/2018 / 19:00:09
Cryptoglobe Neutral - Iran Minister Indicates Support for Blockchain, Both Public and Private Uses read more.
12/18/2018 / 19:00:00
Ccn Neutral - Atari Partners With Startup to Make Blockchain Versions of Popular Titles like Roller Coaster Tycoon read more.
12/18/2018 / 18:56:55
Cointelegraph Neutral - Israel: Financial Services Firm GMT Joins RippleNet read more.
12/18/2018 / 18:52:00
Ethnews.Com Neutral - Reports Indicate Tether Has Held Adequate Reserves read more.
12/18/2018 / 18:43:43
Cryptopotato Neutral - EOS Block Producers Are in Risk of Bankruptcy Despite The Recent 25% Price Gain read more.
12/18/2018 / 18:34:32
Newsbtc Negative - Bitcoin Scam Alert: Criminals Demand BTC Payment to Call Off Hit Man read more.
12/18/2018 / 18:30:39
Negative
4.2%
Neutral
94.5%
Positive
1.1%
Mixed
0.2%

Latest comments:

4 min
Hey Sam, how is it going? But I must explain to you how all this mistaken idea of denouncing of a pleasure and praising pain was born
3 min
Pretty good. Doing my homework.. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because
2 min
Any chance to go out? To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage
2 min
.. Maybe 40-50 mins. I don't know exactly. On the other hand, we denounce with righteous indignation and dislike men who are so beguiled
1 min
Anyway sounds great! These cases are perfectly simple and easy to distinguish.