APrivacy

regtechauthentication and fraud prevention

FOUNDING YEAR: 2010
LOCATION: Canada
Last Update: 09/07/2020

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About

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.

Focus

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.

MAIN CLIENTS

Private banks

and expanding to financial service providers

COMMENT

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.

Traction

ACTIVE USERS COMMENT:

APrivacy clients are stated to be present in many countries worldwide.

TRACTION COMMENT:

There solution is on the lines of what Blackberry (with their Good Technology acquisition) and Samsung KNOX do but Aprivacy is across devices and a white-label proposition for FIs. There are no startups we have seen in this space but enterprise mobile security is a big boys play.

People

FOUNDERS

Cedric Jeannot

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Canadian Technology Accelerator

Waterloo Accelerator

KEY EMPLOYEES:

COO/CFO: Michael Basler; Director of Engineering: Dhammika Botejue; Director of Sales: Simon Melton; Head of Corporate Development

Strategic Partnerships: Henri Arslanian

COMMENT:

R&D activities are carried out in Canada,the company is estimated to have around 15-20 employees. After the launch of Hong Kong office, it is stated that APrivacy plans to hire up to 20 staff for sales,marketing, customer support, project management,technical deployment by end of 2016.

Momentum

FUNDED

NO

TOTAL FUNDING COMMENT

The company could have won $30,000 seed capital with its participation and graduation from the Waterlooo Accelerator Program

LISTED

NO

BASICS

FOUNDING YEAR:

2010

LOCATION:

Canada

Views:

98 VISITORS | 225 VIEWS
TOTAL EMPLOYEES
11-50

About

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.

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