Portage Announces US$600M Final Close of Ventures Fund IV
Sep 16, 2026, 08:00 ET
TORONTO — Portage, a global fintech investment platform with US600M, cementing the firm’s position as one of the world’s leading fintech-focused venture investors.
This year marks Portage’s tenth year investing in financial technology and financial services. Over the last decade, Portage has expanded from its flagship Venture strategy into a global platform spanning Venture, Growth Equity, and Secondaries, with more than 140 portfolio companies across North America, Europe, and beyond.
The Portage Ventures IV fundraise saw new strategic Limited Partners join the platform, including Broadridge and Fifth Third Bank. Portage backs founders building businesses across wealth and asset management, banking, insurance, and payments from seed to Series C.
“We founded Portage on the belief that financial services would undergo a profound technological transformation. Ten years later, that opportunity continues to expand as financial institutions modernize, new business models emerge and exceptional entrepreneurs build the technologies shaping the industry’s future,” said Adam Felesky, Co-Founder and CEO of Portage. “Wealth management is entering the same kind of structural disruption that transformed banking a decade ago. AI is being embedded into the core workflows of financial institutions at a pace we haven’t seen before.”
“Portage was built on a simple conviction: fintech has its own rulebook, and generic support won’t give founders the edge they need to win,” said Stephanie Choo, General Partner and Co-Head of Portage Ventures.
Portage is a platform within Sagard, a global multi-strategy alternative asset management firm with US$47B under management. Founded in 2016, Portage is the fintech investment arm of Sagard, owned by Power Corporation. Portfolio companies include Borrowell, Conquest Planning, Koho Financial, and Wealthsimple.
Legal counsel was provided by Debevoise & Plimpton.
Primary RSS source: Finextra (https://www.finextra.com/newsarticle/48427/canadian-fintech-vc-portage-closes-us600m-fund)