FinTech news in connecticut category

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. Soffio said Portabl chose Harlem Capital to lead the round after a call he’ll never forget: Yenkalov, a Ukrainian citizen, was trapped in the country as the war with Russia broke out in the middle of a fundraising call with the firm. Yenkalov noted the emergence of decentralized identifiers, verifiable credentials and zero-knowledge proofs, saying that the industry is closer than ever to enabling financial organizations to benefit from consumers owning and sharing their own data.