# Ensygnia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ensygnia

- Industry: Financial Services
- Headquarters: Cambridge, UK
- Website: www.ensygnia.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Mar 4, 2016)
- Investors on record: 5

## About

Ensygnia Ltd. is a UK-based technology company specializing in innovative payment solutions that streamline user authentication and transaction processes for retailers and consumers.Founded in 2012 in Cambridge, UK, Ensygnia Ltd. develops advanced payment integration solutions. The company has completed 8 deals, with its latest funding round, Series A, raising GBP 0.84 mn on March 4, 2016, led by Gate Ventures and SixThirty. Ensygnia's valuation post-funding was GBP 6.70 mn. The company was established by Matthew Deacon, who has a background in the technology sector.Ensygnia's flagship product, Onescan, serves as a Platform as a Service (PaaS) that enhances payment interactions through seamless, password-less authentication methods including multi-factor authentication. It supports over 350 payment methods, catering primarily to payment companies and retailers aiming to improve user experience and compliance across online, in-store, and mobile channels. The company operates in North America, Europe, and Asia, partnering with industry leaders to advance customer engagement.Ensygnia generates revenue through direct sales and strategic partnerships related to its Onescan platform. Clients engage in subscription-based agreements for secure transaction facilitation, paying for comprehensive service access that includes secure payment processing and user experience enhancements. As of 2023, Ensygnia reported an EBITDA of GBP 0.Ensygnia plans to leverage its Series A funding of GBP 0.84 mn to introduce new product features aimed at enhancing user experience and expanding into new geographic markets. The company is targeting expansion into additional regions in Europe and Asia by the end of 2024. The recent capital will support ongoing development initiatives and help establish further partnerships as part of its growth strategy.

## Funding rounds

- Series A, Mar 4, 2016, $1.2M — SixThirty, Gate Ventures
- Seed, Jun 20, 2013, $3.3M — Wayra, Jesus College Cambridge, IronGate Capital Advisors

## Investors

- Wayra (https://capitalatlas.ai/funds/wayra) — Seed
- Jesus College Cambridge — Seed
- IronGate Capital Advisors — Seed
- SixThirty (https://capitalatlas.ai/funds/sixthirty) — Series A
- Gate Ventures (https://capitalatlas.ai/funds/gate-ventures) — Series A