PortX Launched as New Entity by ModusBox and Secures $10M in New Funding for Total Combined $17.5M Series A
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Tuesday, September 13, 2022
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We pivoted the business and invested in the PortX platform by expanding functionality and building reusable API-centric integrations for financial service technologies.
Key Points:
- We pivoted the business and invested in the PortX platform by expanding functionality and building reusable API-centric integrations for financial service technologies.
- Soon, the PortX platform gained traction in the financial services marketplace as a leading integration and infrastructure technology connecting CFIs and fintechs.
- This was a defining achievement for ModusBox as it set us on a trajectory to help solve financial inclusion challenges globally.
- ModusBox became a member of the Mojaloop community and one of the primary contributors, building and supporting this groundbreaking open source payment network.