# nsKnox Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nsknox-technologies

- Industry: IT Security/Cybersecurity
- Headquarters: New York, US
- Website: www.nsknox.net
- Total disclosed funding: $15M
- Latest round: Series A (Feb 19, 2019)
- Investors on record: 3

## About

Based in the US, nsKnox Technologies Ltd. is a fintech-security firm that provides advanced payment fraud prevention solutions, ensuring secure financial transactions for corporate clients and banks.nsKnox Technologies Ltd. specializes in payment fraud prevention with its flagship product, PaymentKnox™, which was founded in 2016 by Alon Cohen and Ilan Shiber. The company is headquartered in New York, US, and has completed two deals, the latest being on January 18, 2023, where it raised USD 17.00 mn from investors including Harel Insurance, Link Ventures, M12, and Viola Group, bringing its total amount raised to USD 17.00 mn.nsKnox is a fintech-security company specializing in payment fraud prevention through its flagship product, PaymentKnox™, an end-to-end payment protection solution. PaymentKnox™ provides organizations with automated, highly secured processes for validating bank accounts and protecting master data. The suite includes two primary solutions: PaymentKnox™ for Accounts Payable (AP) and PaymentKnox™ for Accounts Receivable (AR), tailored for corporate clients, and PaymentKnox™ for Banks, designed for financial institutions and their corporate clients, offering comprehensive protection against fraudulent transactions. The company serves a diverse client base, including large corporations and banks across North America, Europe, and Asia, ensuring secure financial transactions within their respective sectors.nsKnox generates revenue through a subscription-based model, where clients pay for access to its PaymentKnox™ suite of services. These ongoing subscriptions provide continuous access to its innovative fraud prevention technology, allowing clients to benefit from real-time account validation and data protection services. While specific pricing is not disclosed, nsKnox’s offerings are designed to deliver significant value by preventing financial losses associated with payment fraud, making them a critical investment for businesses prioritizing financial security in their operations.Following the recent funding round on January 18, 2023, where nsKnox Technologies Ltd. raised USD 17.00 mn, the company plans to expand its infrastructure and market presence. Upcoming initiatives include the launch of new products aimed at enhancing security measures in payment processing. Furthermore, the company targets expansion into additional geographic regions to broaden its client base and improve service delivery by the end of 2023.

## Funding rounds

- Series A, Feb 19, 2019, $15M — Discount Capital, Viola Group, M12

## Investors

- Discount Capital (https://capitalatlas.ai/funds/discount-capital) — Series A
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series A
- M12 (https://capitalatlas.ai/funds/m12) — Series A