Balanced Payments

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Mahmoud Abdelkader

Mahmoud Abdelkader is the Egyptian-American co-founder of Very Good Security (VGS), a San Francisco-based data security platform that raised $105 million from investors including Andreessen Horowitz, Goldman Sachs, and Visa. Born near the Suez Canal and raised in Brooklyn, he built high-frequency trading systems at Wachovia, was employee #4 at Milo.com before its $75M eBay acquisition, then co-founded Balanced Payments through Y Combinator (W11) before founding VGS in 2016. VGS pioneered the 'Zero Data' category of data security as a service, serving 700+ customers including Fortune 100 companies. He stepped down as CEO in late 2022 and now invests in fintech companies including Ramp, Vercel, Alloy, Mercury, and Stytch while experimenting with AI.

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