Canapi Ventures led a $30m Series B round in ModernFi.

Canapi Ventures, a venture capital firm, led a $30m Series B round in ModernFi, an operator of a deposit management platform, with participation from Andreessen Horowitz, Curql, Remarkable Ventures, and ICE. "ModernFi has brought modern technology and better alignment to our partner institutions, providing ownership, transparency, and control over their critical deposit infrastructure. We are grateful for the continued trust of our partners and backers, and we look forward to contributing to their success," Paolo Bertolotti, ModernFi Co-Founder and CEO.