Quovo, a NYC-based ùdata platform providing connectivity to consumer financial accounts, raised an investment from Portag3 Ventures.
The investment brings Quovo’s total funding to date to $20 million.
The company intends to use the funds to expand into the Canadian market.
Led by Lowell Putnam, CEO and co-founder, Quovo provides companies with connectivity and insights for millions of consumer financial accounts across more than 14,000 different institutions. Financial services companies, such as SoFi and Betterment, use Quovo to provide the data and insights they need to predict, transact, and personalize their services effectively.