network-tokens
(2)
Evervault
Evervault is a developer-first encryption platform that lets companies collect, store, process and forward highly sensitive data - especially payment card data - without ever handling it in plaintext. Founded in 2019 by Irish entrepreneur Shane Curran, the New York and Dublin based company pairs a dual-custody encryption model with products for card payments, secure enclaves and network proxying. It processes over $5 billion in transaction volume and generates more than 100 million encrypted tokens per month for customers including Ramp, Rippling and CarTrawler.
VGS
VGS (Very Good Security) is a payments tokenization and credential management platform that lets companies process and store sensitive card data without ever touching it themselves. Founded in 2015 by Mahmoud Abdelkader and Marshall Jones, the San Francisco company runs a composable Card Management Platform, a PCI-compliant Vault, and network value-added services used by Fortune 500s, fintechs and banks - having crossed 5 billion tokens managed as of 2025.