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FiTeq logo — Experience unparalleled payment security and convenience wit...

FiTeq

Experience unparalleled payment security and convenience with advanced fraud-fighting solutions, providing dynamic authentication for every transaction.

Founded 2009 Venture round Total: $49.29M Hardware

General Information

Company Name FiTeq
Founded Year 2009
Industries Hardware
Funding Stage Venture round
Social

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About FiTeq

FiTeq is a leading player in the hardware industry, founded in 2009 and headquartered in Tiburon, California. With the slogan "Experience unparalleled payment security and convenience with advanced fraud-fighting solutions, providing dynamic authentication for every transaction," FiTeq specializes in creating card solutions that prioritize protecting payment data through individual transaction authentication. Their innovative technology alters the magnetic stripe data on the card during use, generating a new, transaction-specific code to prevent fraud. The company offers a range of products, including SecurTeq, designed to avoid counterfeit card fraud by generating a unique code for every transaction; MultiTeq, offering the convenience of multiple payment account options in a single card; and TagTeq, providing buttons that allow users to 'tag' transactions for better statement organization. These solutions are utilized in cards and NFC devices issued by U.S. banks. FiTeq's commitment to cutting-edge fraud prevention and payment security attracted a significant $46.59M Venture Round investment on 17 November 2017. The company's notable capabilities and potential for continued growth make it an intriguing prospect for venture capital investors.

Business keywords: Payment security, Fraud-fighting solutions, Dynamic authentication, Card technology, Data protection, Transaction-specific code, Counterfeit card prevention, Multi-account convenience, Statement organization, NFC technology, Financial technology, Card fraud prevention, Authentication technology, Payment data protection, Financial security

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $46.59M -
17 Nov 2017
Venture Round $2.70M -
09 Feb 2010

FiTeq Alternatives & Competitors

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FAQ About FiTeq

Experience unparalleled payment security and convenience with advanced fraud-fighting solutions, providing dynamic authentication for every transaction.
FiTeq was founded in 2009.
FiTeq operates in Hardware. Its work centres on Payment security, Fraud-fighting solutions, Dynamic authentication and Card technology.
FiTeq has completed 2 funding rounds, raising a total of $49.29M. The latest funding stage is Venture round.
Top alternatives and competitors to FiTeq include Ixion Teknoloji, Hideez, TapTrack, Startech LLC, IAMX AG. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FiTeq and Ixion Teknoloji are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for FiTeq, https://bouncewatch.com/company/fiteq, updated 26 December 2024. When citing, please name BounceWatch and link this page.

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