Yes. It's multi-provider authentication as a service.
I think this matters, since it means I can run a single instance to support all of my projects, regardless of language, because everything speaks HTTP. I don't have to grapple with OmniAuth for Ruby, AllAuth for Python, Passwordless for Node, and lord knows what for experiments in Clojure, Elixir, and Rust. I don't have to set up outbound email, register social API keys, and design a hybrid login form for each of those projects, either. Set up Portier once, and I'm done. I've written more about Persona's failings and virtues at https://github.com/portier/portier.github.io/blob/master/Oth..., which might better explain why I view this as a successor.
As to Identity Providers... as long as websites utilize email addresses as a way of identifying accounts and resetting passwords, we're in the same place. Portier makes this no worse. I sympathize with the notion that identity should not be leased from a third party, but I don't know how to solve that. Blockchains? I'd encourage others to pursue that future while Portier tries to carve out an ephemeral but useful island in the present.