APrivacy is a FinTech start-up that combines military-grade data security with seamless user experience on any platform, any device, anywhere. APrivacy’s enabling technology allows the financial services industry to confidently communicate and conduct business over their favorite channels (Dropbox, Gmail, WeChat, Twitter, etc.) leading to increased revenues and reduced costs while meeting regulatory requirements. APrivacy’s platform is based on a unique and patented data-centric approach to security that acts as a security layer that comes on top of any applications.
They graduated from the Waterloo accelerator program in 2013, part of Canadian Technology Accelerators, participated in the Accenture FinTech Innovation Lab APAC (Hong Kong) in 2014. Realizing the potential in Hong Kong, they set up a regional office in HK and looks at APAC as its growth driver. They have also been shortlisted for Singapore's MAS Hackcelerator 2016.
PRODUCTS & SERVICES:
Secure E-Statement: Enables banks to securely send e-statements to clients by email as an attached PDF;
Secure Document Sharing: Enables banks to exchange documents with clients securely across channels and with seamless user experience;
Secure Email: Enables banks to communicate with clients by email.
Private banks, and expanding to financial service providers
The company's security solution provides seamless access across devices. Bank customers have to download the APrivacy app. This works in the background and the customer would not require the provision of additional passwords and security keys for any communication with the bank.
Apart from retail banks in Hong Kong and private banks in Singapore, the company is witnessing growing interest from insurance firms.
MEDICI analysts will analyze APrivacy soon
Insufficient information for accurate analysis
TOTAL FUNDING COMMENT:
The company could have won $30,000 seed capital with its participation and graduation from the Waterlooo Accelerator Program