Patamar Capital

PortX Launched as New Entity by ModusBox and Secures $10M in New Funding for Total Combined $17.5M Series A

Retrieved on: 
Tuesday, September 13, 2022

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.

Mapan secures US$15 Million from Global and Indonesian investors in Series A Funding aimed at improving financial access for Indonesians

Retrieved on: 
Wednesday, June 29, 2022

Through the recruitment of women leaders and influencers as agents and creators of Arisan groups, Mapan has provided affordable goods financing to more than three million households to-date.

Key Points: 
  • Through the recruitment of women leaders and influencers as agents and creators of Arisan groups, Mapan has provided affordable goods financing to more than three million households to-date.
  • Established in 2009, Mapan (PT Ruma) has a mission to increase the Indonesian people's access, life quality, and income through technology.
  • Through 1 application, Mitra Usaha Mapan can access various products and services to earn income and start a business.
  • Users can now access Mapan products and services through the Mapan application.

ModusBox Secures $7.5 Million in Series A Funding to Accelerate Innovation for Community Financial Institutions

Retrieved on: 
Thursday, April 28, 2022

ModusBox, the infrastructure and integration technology company for financial services, today announced the close of a $7.5 million Series A investment.

Key Points: 
  • ModusBox, the infrastructure and integration technology company for financial services, today announced the close of a $7.5 million Series A investment.
  • ModusBox was founded in 2013 and took on the challenge to improve lives by accelerating universal access to reimagined financial services.
  • The funds will also scale the companys recruiting, marketing, customer success, and engineering groups as ModusBox responds to rapidly growing demand.
  • ModusBox is a perfect fit for our portfolio because the PortX platform and Mojaloop support the underlying national-level infrastructure and the participating financial institutions that are connected.

Canada's largest venture capital fund investing only in women-led technology companies completes 4 new investments

Retrieved on: 
Wednesday, July 11, 2018

MONTREAL, July 11, 2018 /CNW Telbec/ - Canada is home to one of the world's largest venture capital funds solely dedicated to investing in women-led technology companies.

Key Points: 
  • MONTREAL, July 11, 2018 /CNW Telbec/ - Canada is home to one of the world's largest venture capital funds solely dedicated to investing in women-led technology companies.
  • Diversity in leadership is proven to create more value for investors, more value for consumers and support economic growth," said Michelle Scarborough, Managing Director, Strategic Investments and Women in Technology Venture Fund, BDC Capital.
  • WIT looks to partner for the long-term, investing both capital and resources to help companies scale.
  • WIT is a venture fund investing directly into technology companies in Canada from seed to scale.