Portage is a global investment platform focused on fintech and financial services with over US$4.7B under management, 115+ portfolio companies, and 25+ investment professionals. Our firm has offices in Canada, the United States, Europe, and the Middle East.
The oversubscribed round will support product development and international expansion for the asset management software provider.
"We are focusing on empowering financial service institutions to remove outdated legacy technologies and dramatically improve the cost efficiencies of their operations by using ZILO™ to transform to a modern digital solution supporting existing fund structures, new digital assets and improving client experiences."
The seed round was co-led by Portage and Backed to support international expansion and product development.
"Lopay’s mission has resonated with thousands of small businesses and sole traders who are being squeezed simultaneously by high inflation and fragile customer demand."
Portage Ventures and White Star Capital led the round to support the development of digital asset infrastructure for institutional investors.
"We have successfully brought our platform to market, providing the technology layer that brings institutional capital to the digital-assets ecosystem. We are grateful to our team of incredibly hard-working and dedicated engineers and to our strategic partners for their immense support."
