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Portabl logo — Financial identity at the speed of payments

Portabl

Financial identity at the speed of payments

Founded 2021 United States Philadelphia, United States 6 employees Pre-Seed Total: $3.20M Analytics, Data Analytics +2

General Information

Company Name Portabl
Founded Year 2021
Location United States Philadelphia, United States
Employees 6
Industries Analytics, Data Analytics, Financial Services +1
Funding Stage Pre-Seed
Social

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About Portabl

Portabl is a US-based startup founded in 2021, offering "Financial identity at the speed of payments." The company is focused on leveraging open banking to facilitate sign-up, sign-in, continuous identity assurance, and new identity-powered user experiences through a single API. This innovative approach allows for the verification and authentication of new and existing users in seconds, while granting users more control over their personal data. Portabl's solution, based on next-generation decentralized identity standards, addresses a gap in open banking by enabling consumers to manage and share pre-verified data related to their identities, accounts, and payment methods without the use of passwords. In September 2022, Portabl successfully completed a $3.20M Pre Seed Round investment. The investment was backed by prominent venture capital firms including Bessemer Venture Partners, Harlem Capital, Pear Ventures, Dorm Room Fund, Rough Draft Ventures, 6th Man Ventures, and The MBA Fund. With its focus on Analytics, Data Analytics, Financial Services, and Fintech, Portabl presents a promising venture for investors interested in the intersection of finance and technology, with a strong emphasis on data privacy and user empowerment.

Business keywords: Open Banking, Identity Verification, Decentralized Identity, API, Financial Technology, User Experience, Data Control, Payment Methods, Authentication

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $3.20M 7
Bessemer Venture Partners Harlem Capital Pear Ventures
Bessemer Venture Partners, Harlem Capital +5
19 Sep 2022

Portabl Alternatives & Competitors

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Portabl vs
Akahu
Akahu New Zealand

New Zealand’s open finance infrastructure.

Venture round
7 employees
Financial Services, Fintech
Portabl vs
Authlete
Authlete Japan

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Portabl vs
Unnax - A Powens Group Company
Unnax - A Powens Group Company Spain

Where Open Finance Meets Embedded Banking 

Series B
63 employees
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FAQ About Portabl

Financial identity at the speed of payments
Portabl was founded in 2021.
Portabl is headquartered in Philadelphia, United States.
Portabl operates in Analytics, Data Analytics, Financial Services and Fintech. Its work centres on Open Banking, Identity Verification, Decentralized Identity and API.
Portabl has approximately 6 employees.
Portabl has completed 1 funding round, raising a total of $3.20M. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Portabl include Akahu, Authlete, Unnax - A Powens Group Company, Zumigo, Brite Payments. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Portabl and Akahu are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Portabl, https://bouncewatch.com/company/portabl, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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