# Virtual StrongBox

> Virtual StrongBox is a Charlotte, North Carolina software company that gives banks and credit unions a patented, encrypted way to collect, store and swap their customers' most sensitive documents without letting anyone - not even the bank - peek inside. Founded in 2014 by 39-year financial-services veteran Ron Daly, its file-level encryption and open APIs now sit behind more than 75 financial institutions safeguarding roughly $62 billion in assets for over four million customers.

- **Founded:** 2014
- **Headquarters:** Charlotte, United States
- **Founders:** Ron Daly (President, CEO, Founder & Chairman of the Board)
- **Team size:** ~5 employees
- **Products:** Digital Vault (Online Safe Deposit Box), Secure File Exchange & Collaboration StrongBox, APIs & Workflow Automation, Loan Participation Platform, RecordLyf
- **Notable:** Holds 17 patents covering secure data protection and document exchange, Protects roughly $62 billion in financial assets across 75+ institutional clients, Serves over 4 million end customers with 25+ million files shared

## Products & services

- **Digital Vault (Online Safe Deposit Box)** — A personal, encrypted vault where a financial institution's customers store sensitive life records - wills, insurance papers, statements - with file-level encryption where only the user holds the key.
- **Secure File Exchange & Collaboration StrongBox** — A multi-user workspace for banks to securely collect, protect and exchange documents with customers, businesses and external third parties, eliminating insecure email attachments.
- **APIs & Workflow Automation** — An open-API strategy that lets institutions embed secure upload, storage and exchange directly into existing online-banking and business workflows.
- **Loan Participation Platform** — Digital infrastructure that lets lenders build a marketplace to sell, share documents for, and service single loans and loan pools - powering platforms like Aluvy for credit unions.
- **RecordLyf** — A free consumer digital vault for personal disaster planning, powered by Virtual StrongBox technology.

## Achievements

- Holds 17 patents covering secure data protection and document exchange
- Protects roughly $62 billion in financial assets across 75+ institutional clients
- Serves over 4 million end customers with 25+ million files shared
- Named a finalist for Charlotte's Blue Diamond Award for technology
- Product demoed on the FinovateFall stage (2012 and 2014)

## Latest updates

- **2021-01** — Aluvy launches a loan participation marketplace for credit unions powered by Virtual StrongBox.
- **2020-07** — Introduces Organization Collaboration StrongBox for secure document exchange with third parties.
- **2017-08** — Granted its 5th patent, protecting easy, secure document exchange with third parties.

## Links

- Website: https://virtualstrongbox.com
- LinkedIn: https://www.linkedin.com/company/virtual-strongbox
- Twitter/X: https://twitter.com/virtualstrongbx
- Facebook: https://www.facebook.com/VirtualStrongBox

---

Profile page: https://yespress.io/virtual-strongbox
Published by YesPress — https://yespress.io
Last updated: 2026-08-19