Search Results for "PortX"
6 results for "PortX"
Deals 6
American Bankers Association Invests in PortX Data Integration Platform
The American Bankers Association (ABA) invested in PortX, a data integration platform supporting banking operations and fintech connectivity. The investment is part of ABA's broader effort to advance fintech infrastructure for its member banks. PortX provides integration tools that help banks connect with fintech partners and modernize operations.
PortX and Plaid Partner to Accelerate Data Access for Financial Institutions
PortX announced a partnership with Plaid to integrate its Integration-Platform-as-a-Service (IPaaS) middleware with Plaid's data network. The collaboration enhances core banking data access and fintech connectivity for financial institutions, enabling personalized services and real-time insights.
PortX Closes $16.5M Series B to Power Open Banking for Community Banks
PortX, a financial integration platform enabling open banking for community banks and credit unions, raised $16.5 million in a Series B round co-led by FUSE and Curql. The investment will accelerate AI tools, data automation, and fintech connectors for smaller financial institutions.
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.
Leader Bank Partners with PortX for API-Driven Digital Lending Platform
Leader Bank, a community bank in Arlington, MA, partnered with PortX to develop an API-driven digital lending solution integrated with an Asset Management Company's platform. The initiative reduced underwriting time from seven days to three and achieved a 93% customer satisfaction rate. The deal demonstrates how community banks can leverage middleware to compete in embedded lending.