Search Results for "Portage Ventures"
2 results for "Portage Ventures"
Deals 2
Thread Bank Raises $30.5M to Scale Embedded Banking and Digital Branch Model
Thread Bank closed a $30.5 million funding round to accelerate its embedded banking and digital branch model. The bank now manages over $2 billion in partner deposits and achieved more than threefold growth in embedded deposits between January 2024 and October 2025. The raise underscores investor confidence in the sponsor bank model despite recent regulatory scrutiny across the sector.
Tuum Raises €15M Series A to Scale BaaS Platform in EU and UK
Tuum (formerly Modularbank), a Banking-as-a-Service platform, raised €15 million in a Series A round led by Portage Ventures. Existing investors Blackfin Capital Partners and Karma Ventures also participated. The funds will support product innovation and global expansion focused on the EU and UK markets.