# 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.

- **Founded:** 2015
- **Headquarters:** San Francisco, United States
- **Founders:** Mahmoud Abdelkader (Co-Founder, former CEO), Marshall Jones (Co-Founder & CTO)
- **Team size:** ~460 employees
- **Products:** VGS Vault, Card Management Platform, Network Tokens, Account Updater, 3DS
- **Notable:** Surpassed 3 billion tokens managed (May 2024), Crossed 5 billion tokens managed (June 2025), PCI DSS Level 1 and SOC 2 Type II certified

## Products & services

- **VGS Vault** — PCI-compliant vault that tokenizes structured sensitive data (PANs, SSNs, bank credentials) and returns a token in its place.
- **Card Management Platform** — Composable platform for storing, updating and orchestrating card credentials across multiple PSPs.
- **Network Tokens** — Provisioning and lifecycle of Visa/Mastercard/Amex network tokens to lift authorization rates and reduce fraud.
- **Account Updater** — Keeps stored card credentials current when cards are reissued, expired or replaced.
- **3DS** — Single-API 3-D Secure integration for fraud reduction and approval rate lift on online payments.
- **Agent Connect** — AI-driven commerce tool announced in January 2026 to bring agentic checkout into the VGS stack.

## Achievements

- Surpassed 3 billion tokens managed (May 2024)
- Crossed 5 billion tokens managed (June 2025)
- PCI DSS Level 1 and SOC 2 Type II certified
- Named to multiple fintech 'companies to watch' lists since 2019

## Latest updates

- **2026-01** — Launched Agent Connect, an AI-driven commerce tool for agentic checkout.
- **2025-11** — Released single-API 3DS integration to reduce fraud and lift approval rates.
- **2025-06** — Marked a decade in payments and 5 billion tokens stored.
- **2024-05** — Surpassed 3 billion tokens managed.
- **2023** — Chuck Yu introduced as CEO, succeeding co-founder Mahmoud Abdelkader.

## Links

- Website: https://www.verygoodsecurity.com
- LinkedIn: https://www.linkedin.com/company/very-good-security
- Twitter/X: https://twitter.com/vgs
- GitHub: https://github.com/verygoodsecurity
- YouTube: https://www.youtube.com/@verygoodsecurity

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Profile page: https://yespress.io/vgs
Published by YesPress — https://yespress.io
Last updated: 2026-05-22