Fintech Portabl announced the closing of a $2.5 million seed round led by Harlem Capital Partners.
Nate Soffio says It is a digital wallet and password manager for financial services and banking apps, but Soffio calls it a financial digital passport, which helps with user identification, making the task less cumbersome for both consumers and financial services.
He says the company’s goal is to wean people from passwords, helping consumers obtain more ownership over their economic data by granting control over who can access it.