Portag3 Ventures backs Quovo's Canadian expansion
Quovo, a U.S. data platform that provides connectivity to consumer financial accounts, has expanded into the Canadian market. The initiative was backed by an undisclosed investment from Portag3 Ventures, an early-stage financial technology fund launched in 2016 by Canada’s Power Financial Corp. The deal brings Quovo's total financing so far to US$20 million. Founded in 2010, New York's Quovo provides businesses with connectivity and insights for millions of consumer financial accounts across more than 14,000 institutions. The company said Portag3’s investment will support building a regional team and meeting Canadian consumer demand.
2 May 2018•3 mins read
