Authy

regtechauthentication and fraud prevention

STATUS: Acquired/Merged
FOUNDING YEAR: 2011
LOCATION: United States
Last Update: 19/01/2021

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About

Authy provides strong authentication for the connected world, protecting people and the enterprise against malicious attacks. Our two-factor authentication (2FA) security solution enables organizations to minimize risk while enhancing the user experience. Authy 2FA provides a fast-to-implement, highly scalable and proven 99.999 % reliable alternative to passwords. Used by 11,000+ websites serving 2 million consumers worldwide, it's designed to give users the ability to self-service or easily manage their own 2FA experience. Coinbase, CloudFlare, Humble Bundle and Twitch.tv are just some Authy clients. Authy is a Twilio company. Follow us on: Twitter at @Authy Facebook at https://www.facebook.com/authysec Google+ at https://plus.google.com/+Authy GitHub at https://github.com/authy

MEDICI Analysis

Authy is an authentication service pervices that provides two-factor authentication solutions for website and apps platform. The Authy app generates secure 2 step verification tokens on user’s device, thereby enabling them to tackle cyber threats and avoid account takeovers.

Focus

PRODUCTS & SERVICES

Authy enable users to conduct 2FA verification by capture 2FA QR codes from Facebook, Amazon, Google, Microsoft, Dropbox, etc. Users can access token from their phone, tablet, desktop, Apple watch and manage their 2FA accounts and control devices tokens.

REVENUE MODEL

The company generates revenue by charging from developers through two plans: 1. Pay-as-you-go model in which it charges cost per authentication. 2. It offers Enterprise plan.

MAIN CLIENTS

Coinbase

CloudFlare

Mercado Libre

Humble Bundle and Twitch.tv etc.

company provided insights
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