Permisso, formerly known as Bankflip, has secured $2.8 million in a recent funding round. The company specializes in providing an all-in-one data capturing and processing technology designed for financial services. Permisso's platform enables financial institutions to seamlessly collect crucial data, such as employment, income, and debt information, directly from their end-users. This is achieved by allowing users to grant permissioned access to their private data areas held by public authorities, streamlining the data gathering process for various financial products and solutions.
The technology offers a suite of products that can be integrated into existing systems via no-code solutions and API integration. Permisso facilitates a secure and real-time flow where users can grant access to a wide range of personal data, including properties, tax records, traffic debt, risk profiles, identity, and criminal records. This permissioned access can be for one-time or recurrent use cases, providing financial service providers with the necessary information to offer tailored and efficient solutions while ensuring data security and user control.
This capital infusion marks a significant milestone for Permisso as it aims to expand its operational capabilities and enhance its technological offerings. The company plans to strategically deploy the newly raised funds to accelerate product development, scale its platform to meet growing demand, and explore new market opportunities. This investment underscores confidence in Permisso's innovative approach to data aggregation within the financial sector and its potential to transform how financial services access and utilize user data.
Looking ahead, Permisso is focused on strengthening its position as a key enabler for financial institutions seeking efficient, secure, and compliant data access. The company anticipates continued growth as it works to empower its clients with robust data insights, ultimately contributing to more personalized and accessible financial services for end-users.
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