# Marshall Jones

> Marshall Jones is the CTO and Co-Founder of Very Good Security (VGS), a San Francisco-based fintech company that has become the world's leader in payment tokenization with over 5 billion tokens stored. He co-founded VGS in 2015 alongside Mahmoud Abdelkader after building PCI-compliant payment vaults at Balanced Payments (later acquired by Stripe). Under his technical leadership, VGS has raised over $104 million in funding from top investors including Andreessen Horowitz, Goldman Sachs, and Vertex Ventures, serving Fortune 500 companies, merchants, fintechs, and banks globally.

- **Role:** CTO and Co-Founder at VGS (Very Good Security)
- **Organizations:** VGS (Very Good Security), Balanced Payments
- **Nationality:** New Zealander / United States resident
- **Education:** Massey University
- **Known for:** Named Top 25 Financial Technology CTOs of 2022, Co-led VGS to $104M+ in total funding from Andreessen Horowitz, Goldman Sachs, and Vertex Ventures, Built platform storing over 5 billion payment tokens - world leader in payment tokenization

## Career timeline

- **2013** — VP of Engineering at Balanced Payments; appeared on Changelog Podcast discussing open sourcing and payment systems
- **2015** — Co-founded VGS (Very Good Security) with Mahmoud Abdelkader after Balanced Payments was acquired by Stripe
- **2018** — VGS achieves PCI-DSS 3.2 compliance; raises $8.5M Series A led by Andreessen Horowitz
- **2019** — VGS raises $35M Series B led by Goldman Sachs Merchant Banking Division
- **2020** — VGS raises $60M Series C led by Vertex Ventures US
- **2022** — Named Top 25 Financial Technology CTOs of 2022
- **2024** — VGS surpasses 3 billion tokens stored
- **2025** — VGS surpasses 5 billion tokens stored; celebrates 10-year anniversary; named to CNBC & Statista's Top Fintech Companies list; featured in '50 American Leaders' documentary

## Achievements

- Named Top 25 Financial Technology CTOs of 2022
- Co-led VGS to $104M+ in total funding from Andreessen Horowitz, Goldman Sachs, and Vertex Ventures
- Built platform storing over 5 billion payment tokens - world leader in payment tokenization
- Oversaw VGS's PCI-DSS 3.2 compliance certification
- Helped secure strategic investment and partnership with Visa
- Featured in '50 American Leaders' documentary series (2025)
- VGS named to CNBC & Statista's 2025 World's Top Fintech Companies list

## Latest updates

- **2025-06** — VGS celebrates 10-year anniversary and surpasses 5 billion tokens stored milestone
- **2025-04** — VGS announces expanded partnership with Visa
- **2025-01** — VGS named to CNBC & Statista's World's Top Fintech Companies 2025 list
- **2025-01** — Featured in '50 American Leaders' documentary series

## Links

- Website: https://vgs.io
- LinkedIn: http://www.linkedin.com/in/marshalljones2
- Twitter/X: https://twitter.com/majman

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Profile page: https://yespress.io/marshall-jones
Published by YesPress — https://yespress.io
Last updated: 2026-05-25
