PortX, a fintech integration and open banking firm operating as an Integration Platform as a Service (iPaaS), announced it has successfully closed a Series B round, securing $16.5 million. The round was co-led by FUSE, a Pacific Northwest-based venture capital firm, and Curql, a collective of forward-thinking credit unions. PortX’s core product provides financial institutions flexible infrastructure that delivers open access to data, simplified application connectivity, and accelerated adoption of new technologies and networks. PortX plans to use the investment to develop new products, enhance its A.I. offerings, and streamline operations through its marketplace of connectors.
Financial Integration Startup PortX Secures $16.5 Million in Series B Funding
