PortX

Overview
News
FinTech Infrastructure?
Product stageSegments
Early
?
Banking services
?

PortX, a spinoff from ModusBox, offers a banking and payment API-based infrastructure platform for community financial institutions (FIs) – banks and credit unions. The platform enables community FIs to access and integrate core banking data and connect to FinTech partners to modernize banking services including online banking, credit checks, as well as mortgage and loan applications.


The platform enables integrations with several real-time payment networks, including ACH, Fedwire, Mojaloop, and Zelle.


Funding and financials


PortX raised USD 16.5 million in a Series B funding round in September 2023, co-led by FUSE and Curql. The funds were expected to be used to accelerate the development of new products and support, enhance AI offerings, and expand the company's marketplace of connectors for integrating FinTechs and third-party apps.


HQ location:
7525 SE 24th St Suite 510 Mercer Island WA USA
Founded year:
2013
Employees:
11-50
IPO status:
Private
Total funding:
USD 34.0 mn
Last Funding:
USD 16.5 mn (Series B; Sep 2023)
Last valuation:
-
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Company profile
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