ModusBox

Financial ServicesSeries AMercer Island, USmodusbox.com

Latest round

Series A

Last raised

Apr 2022

Total raised

$7.5M

Investors

4

About ModusBox

ModusBox, Inc.Founded in 2013 in Mercer Island, US, ModusBox, Inc. focuses on providing integration solutions for banks and fintech firms.ModusBox offers a comprehensive suite of AI-powered integration solutions under its brand PortX, tailored for banks, credit unions, fintech companies, and core banking systems. The key product, Fintech Hub, serves as an integration-Platform-as-a-Service (iPaaS), facilitating connectivity to banking data, fintech applications, and real-time payment networks. PortX allows financial institutions to leverage advanced fintech capabilities while minimizing vendor dependencies, enhancing their operational efficiency.ModusBox generates revenue through a subscription model for its integration services, targeting financial institutions focused on streamlining operations and reducing vendor reliance. Clients subscribe to the Fintech Hub for customized integration solutions that fit specific banking needs, with various access levels to features like the Integration Manager, Payment Manager, and Data Manager.5 mn in April 2022, ModusBox plans to accelerate the development of its PortX products, enhance partnerships with advanced fintech solutions, and contribute to the Mojaloop real-time payments ecosystem.

Who invested in ModusBox

4 investors across 1 round

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Funding rounds

  1. Series A

    Apr 28, 2022

    Amount

    $7.5M

    Investors

    Locked

Questions about ModusBox

Who invested in ModusBox?

ModusBox has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has ModusBox raised?

ModusBox has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did ModusBox last raise money?

ModusBox's most recent round on record is a Series A, in Apr 2022.

What does ModusBox do?

ModusBox is a financial services company.

Where is ModusBox headquartered?

ModusBox is headquartered in Mercer Island, US.

Which VCs invest in companies like ModusBox?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at ModusBox's stage. Their profiles are linked below.

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