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Very Good Security

Founded 2015 · 492 employees on LinkedIn · 13 known investors

VGS is a payment tokenization and credential management platform that secures sensitive payment data for Fortune 500 companies, merchants, fintechs, and banks. The company provides card management, PCI-compliant vaults, and network value-added services to reduce fraud, increase authorization rates, and enable compliant data handling across industries.

Also known as VGS

Founders & leadership

Very Good Security was founded in 2015 by Marshall Jones.

MJMarshall Jones
Marshall JonesinCTO & Co-Founder

Investors · 13

Company profile

researched Aug 2026

Very Good Security (VGS) operates a payment tokenization and card management platform that stores and enriches payment data on behalf of its clients. Its Card Management Platform is offered through a single API integration and bundles network tokens, an account updater, card attributes (full PAN lookups extending beyond traditional BIN data), 3-D Secure authentication and account validation services including card verification, CVC verification, AVS and ANI.

Alongside the card platform, VGS markets solutions for PCI compliance, payment orchestration across multiple processors, card issuance, omni-channel loyalty, protection of personally identifiable information under regimes such as GDPR and CCPA, open banking data sharing aligned to CFPB requirements, an independent vault and general-purpose tokenization. The stated aims are to reduce a client's PCI scope, retain data ownership, improve authorization rates and mitigate fraud, for example by issuing merchant-specific tokens and receiving automatic card updates directly from card network integrations.

More recently the company positions itself as infrastructure for agentic commerce, describing its role as closing the data gap between consumers, AI agents, merchants and payment service providers so that transactions can be completed by both agents and merchants while remaining compliant.

Business model

VGS sells API-based tokenization, vaulting and card data services to businesses that handle payment credentials, and also works through a partner program in which partners resell or embed VGS capabilities such as PCI compliance, card lifecycle management and an independent vault.

Traction

Reports 9 billion tokens held globally and 10 billion monthly interactions, and says it powers Fortune 500 organizations. One customer states VGS saved nearly $1M and six months of development time.

Latest developments

Launched an agentic commerce payments toolkit and expanded messaging around agentic commerce infrastructure connecting consumers, agents, merchants and PSPs; published guidance on configuring its Account Updater solution, PCI DSS v4.0 and card attributes; and was recognized on the 2025 CNBC/Statista World's Top Fintech Companies list.

Full profile — market position, technology, go-to-market, geography

Market position

Describes itself as a leader in payment tokenization and was named to CNBC and Statista's 2025 list of the World's Top Fintech Companies.

Positions an independent, PSP-agnostic vault and tokenization layer that lets clients own their payment data, route across multiple processors, use omni-channel aliases spanning PSPs, and pay once for network tokens rather than per PSP, while reducing PCI scope.

Technology

A single-API card management platform combining tokenization and vaulting with direct card network integrations. Components include network tokens, account updater, card attributes/full PAN lookup, selective 3DS authentication configurable by customer profile, geography or transaction size, and account validation (card verification, CVC verification, AVS, ANI). Tokenization is applied both to PCI data and to broader PII and bank account data.

Go-to-market

Direct sales via contact and sign-up motions on its website, supported by a partner program, published developer documentation, a blog, an educational video series ("Payments 201") and an events calendar. Customer testimonials cited include executives from Bilt and nekuda.

Fortune 500 organizations and businesses across eCommerce, delivery and marketplaces, restaurants, gaming, merchant enablers, crypto on/off-ramps, financial institutions and agentic commerce platforms.

Geography

States that it serves clients on every major continent.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 2026492
Monthly interactionsJan 202510,000,000,000 interactions/month
Tokens held globallyJan 20259,000,000,000 tokens

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

4 people who came through Very Good Security went on to found or lead other companies.

Competitors · 8

by search overlap
Stripe456 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Exabeam244 shared keywordsExabeam provides a security operations platform that ingests logs and telemetry from multiple point solutions, enriches data with behavioral analytics, and correlates alerts to deliver threat detection and investigation capabilities for security teams. The platform integrates with SIEMs and third-party security tools through open API standards and automation workflows.
Checkout228 shared keywordsCheckout.com offers Flow, a hosted payment page that businesses can deploy with a low-code, one-time integration to accept payments online. The page can be customized to match a site's branding for a consistent checkout experience.
Imperva224 shared keywordsImperva provides cybersecurity solutions to protect customers from cyberattacks across applications, data, and identities during digital transformation. The company serves enterprise customers including major financial institutions, telecom providers, and Fortune 100 companies.
Visa® Spend Clarity for Enterprise184 shared keywordsVisa operates a global payments network enabling digital and card-based transactions for consumers and businesses across multiple sectors and geographies.
Basis Theory184 shared keywordsBasis Theory provides a payment vault platform that tokenizes and routes payment data across payment service providers while maintaining PCI compliance. The service targets merchants and platforms seeking to improve payment authorization rates, reduce churn, and consolidate payment processing without disrupting their existing tech stack.
Square181 shared keywordsSquare is a financial services platform that provides point-of-sale systems, payment processing, payroll management, and cash flow tools for small and medium-sized businesses. The platform integrates with hundreds of third-party applications to help merchants manage operations across online and offline channels.
Netezza164 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.

Companies competing with Very Good Security for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
Jan 2025
Named to CNBC & Statista's 2025 World's Top Fintech Companies list

source ↗

Jan 2025
VGS Agentic Commerce Payments Toolkit

VGS announced an agentic commerce toolkit, described as a resource for companies building agentic commerce capabilities.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Very Good Security do?
Very Good Security (VGS) provides payment tokenization and card management infrastructure for merchants, fintechs and banks.
Who founded Very Good Security?
Very Good Security was founded by Marshall Jones in 2015.
Who are Very Good Security's investors?
Very Good Security's investors include 408 Ventures, Andreessen Horowitz, Brighter Capital, Dnipro, GMO VenturePartners, Graph Ventures, Nyca, Nyca Partners and 5 more.