ModernFi
AI NativePowering growth with end-to-end deposit management for financial institutions
Est 2022|Valuation $213.9M|Raised $59.1M
Powering growth with end-to-end deposit management for financial institutions
Published Jul 17, 2026
| Starting Price | Not publicly posted; reported basis-point model in press | Not publicly posted (typically FI-offered product; fees/rates vary by institution) | Not publicly posted (enterprise) |
| Best For | Banks/CUs seeking a digitally integrated, API-oriented deposit network plus prospecting/term funding tools | FIs offering established insured cash sweep / reciprocal deposit solutions with broad market familiarity | FIs seeking deposit/funding technology with a vendor that publicly highlights SOC 2 and integration capabilities |
| Key Strength | API-first design, integrations into digital banking (e.g., with major platform providers), and a multi-module suite (Deposit Network, Prospect Finder, Term Funding) | Strong incumbency and brand recognition in insured sweep/reciprocal deposits; broad distribution through banks | Public emphasis on integrations at scale and SOC 2 Type I/II; established deposit solutions footprint |
| Key Weakness | Limited independent review visibility; security certifications not clearly public; newer entrant | Perceived as more traditional; digital integration may depend on the FI's technology stack and partners | Less prominent "API-first" narrative; pricing not publicly transparent |
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