Search Results for "ModusBox"
2 results for "ModusBox"
Deals 2
PortX Raises $17.5M Series A for BaaS Platform Serving Community Banks
PortX, a ModusBox spinoff, raised $17.5 million in a Series A round to build out its Banking-as-a-Service-like platform connecting community banks with fintechs. Fuse and BankTech Ventures invested $10 million of the round. The platform focuses on seamless API integrations for smaller financial institutions.
ModusBox Partners with Sound Credit Union for Zelle Integration
ModusBox partnered with Sound Credit Union to integrate Zelle payment network functionality through its PortX Payment Manager solution. The integration provides real-time transaction monitoring and fraud detection capabilities. This partnership demonstrates how payment-as-a-service platforms help smaller financial institutions access major payment networks.