token

Fraud Prevention Payment Solution

Fintech & Insurtech
Non Active, Mar 2020 ceased to operate
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Company Overview

Snapshot

Founded in June 2015 by Zohar Steinberg, Vladimir Vayer, and Yana Zaidiner, token operates with 11–50 employees. The company was selected for the NY FinTech Startupbootcamp Accelerator in March 2016.

Business overview

token provides a sophisticated, intuitive payment solution focused on disrupting payment fraud. The company's core technology helps consumers protect their payment information from hackers, increasing convenience and enhancing security while reducing fraud risks. Operating within the Fintech & Insurtech sector, token serves the global market, particularly targeting consumers and online retailers with its anti-fraud and mobile payment solutions.

Strategic signal

In November 2017, token announced a partnership with Marqeta to enhance its payment fraud prevention offerings. This collaboration signals token's commitment to strengthening its security infrastructure and expanding its reach through strategic alliances, providing a safer way for consumers to shop and validating its technology within the payment processing ecosystem.

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Company Intelligence Q&A

When was token founded and by whom?
token was founded in June 2015 by Zohar Steinberg, Vladimir Vayer, and Yana Zaidiner.
What significant accelerator program did token participate in?
In March 2016, token was selected for the NY FinTech Startupbootcamp Accelerator program.
What was a key partnership announced by token?
In November 2017, token joined forces with Marqeta to offer consumers a safer way to shop, focusing on enhanced payment security.
What is the current operational status of token?
token ceased to operate in March 2020.
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