HSBC Innovation Banking provides Modify with $100m debt facility


MODIFI, the global cross-border business payments company, has secured a US $100 million debt facility with HSBC Innovation Banking UK to further growth.

HSBC Innovation Banking UK offers flexible banking solutions for start-ups, scale-ups, growth businesses, investors and those working towards IPO. The partnership with HSBC Innovation Banking is a key component of MODIFI’s refinancing strategy, aimed at diversifying its funding sources with capital providers. MODIFI recently closed $75 million debt facility with another global financial institution.


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Posted on Jul 18, 2023
Region: UK
debt facility
cross-border payments, digital platform, MODIFI, HSBC, Nelson Holzner, Conor Sheehy