Portabl provides a consumer-facing financial digital passport that stores the information used to access existing financial apps and surfaces a Portabl login to enable quick, two-click sign-ins. The product aims to replace passwords and give users ownership and control over who can access their economic data, spanning traditional financial institutions and web3-native companies. The company is launching a beta for institutional use and is exploring decentralized identifiers, verifiable credentials and zero-knowledge proofs to enable user-owned identity sharing. Portabl is leaning into blockchain to create tamper-evident records of consumer data and is pursuing SOC2 and ISO/IEC 27001 security certifications. The founders are Nate Soffio and Alex Yenkalov, and the company plans to use the seed funding to expand the team and accelerate growth.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2022