“Can a PSP-neutral tokenization and vaulting layer become the de facto compliance and payment optimization infrastructure between merchants/fintechs and the global card network ecosystem?”
VGS was founded as a data security and tokenization infrastructure company, allowing fintechs and merchants to handle sensitive card and PII data without direct PCI scope. The company evolved from a generic data vault into a payments-infrastructure-specific platform, offering PSP-neutral vaulting, network tokenization, and multi-PSP routing. With Visa's strategic investment in 2020, VGS increasingly positioned itself as the neutral layer between merchants and card networks, helping customers like Brex and Petal avoid raw card number exposure. By 2026, VGS is targeting verticals such as gaming where global payment complexity, fraud prevention, and regulatory compliance create demand for its stack.
Vgs processes payments through Stripe.
Vgs is founded in 2017 and headquartered in San Francisco, CA, USA.
Vgs has raised ~$43.5M+ in total (latest round: Series B, 2019).
Get a read on where your own stack stands against Vgs and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.