ModusBox
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Overview
Revenue
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ZI Rank: 2
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About ModusBox
ModusBox is the infrastructure and integration technology company focused on open banking solutions that unlock access to banking core data, eliminate vendor dependencies, and simplify connections to fintechs and real-time payment networks. The company's PortX platform is the iPaaS (Integration-Platform-as-a-Service) built for financial services. It helps financial institutions empower their teams to connect to real-time payment networks like Zelle®, Mojaloop, ACH, Fedwire, and others. In addition, the company's solutions enable interoperability between online banking, credit checks, mortgage and loan applications, and other internal systems allowing for a timely and accurate view of customer data.Explore more
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ModusBox financials insights
Gather financial insights about ModusBox, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Debt
$350K
2021
Debt
$802K
2022
Series A
$7.5M
Most Recent Scoops
Funding
Funding
ModusBox has received an SBA PPP loan in the amount of $802,747 from HomeStreet Bank resulting in the retention of 32 jobs.
Funding
ModusBox has received an SBA PPP loan for $350,000-1 million from HomeStreet Bank, supporting the retention of 29 jobs.
New Hire
New Hire, Personnel Moves
ModusBox News & Media
Seattle startup ModusBox spins out PortX into new financial services company and raises $10M
Seattle-based ModusBox is taking half of its financial services technology business and spinning it out into a separate startup called PortX, fueled by $10 million in new funding, the company announced Tuesday. The Series A cash for PortX is in addition to $7.5 million that ModusBox previously raised in April. Seattle venture capital firm Fuse, which itself spun out of Ignition Partners in 2020, led the round, along with BankTech Ventures. ModusBox and PortX CEOGulf Winds Credit Union Gains Vendor Independence with API Integration
FTSI launches new API infrastructure for Gulf Winds Credit Union (PRWeb August 25, 2022) Read the full story at https://www.prweb.com/releases/2022/8/prweb18860387.htmModusBox Raises $7.5M in Series A
ModusBox, a Seattle, WA-based infrastructure and integration technology company, raised $7.5M in Series A funding. The round was led by... Read More The post ModusBox Raises $7.5M in Series A appeared first on citybiz.ModusBox Secures $7.5 Million in Series A Funding to Accelerate Innovation for Community Financial Institutions
SEATTLE--(BUSINESS WIRE)-- #banking--ModusBox, the company connecting financial institutions with banking core data, fintechs, and real-time payments, announced a $7.5 million investment.
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Frequently Asked Questions Regarding ModusBox
ModusBox is the infrastructure and integration technology company focused on open banking solutions that unlock access to banking core data, eliminate vendor dependencies, and simplify connections to fintechs and real-time payment networks. The company's PortX platform is the iPaaS (Integration-Platform-as-a-Service) built for financial services. I... Read More
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