# PrivyLink

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

- Industry: IT Security/Cybersecurity
- Headquarters: Singapore, Singapore
- Website: www.privylink.com
- Total disclosed funding: $10M
- Latest round: Series B (Jul 6, 2000)
- Investors on record: 1

## About

PrivyLink is a Singapore-based company specializing in ICT security solutions for sectors such as e-government and banking, focusing on protecting high-value data and ensuring the security of critical applications.PrivyLink offers advanced ICT security solutions tailored to governmental and banking needs. Founded in Singapore, the company has pivoted towards innovative security technologies since its inception. Notable funding includes a SERIES B round where the firm raised USD 10.10 mn from Excelsior Capital Asia. The company's headquarters is located in Singapore. The founder's background details are currently unavailable.PrivyLink specializes in providing robust ICT security solutions designed for various sectors, including e-government infrastructures and banking systems. Their primary offerings encompass a suite of advanced e-security solutions focused on safeguarding high-value data and ensuring the integrity of mission-critical applications. The company has pioneered internet and mobile banking solutions in Singapore, marking its entry into the market approximately ten years ago. Their product range includes secure online transaction systems, identity management frameworks, strong authentication mechanisms, and solutions ensuring non-repudiation for document exchanges. Furthermore, recent innovations in biometric cryptography and trusted mobile message exchange have broadened their applications, targeting areas such as homeland security and mobile payment systems. The geographical markets for these products extend beyond Singapore, with deployments noted in other regions requiring robust security measures for digital transactions and data protection.In the most recent year, PrivyLink reported a revenue of USD 776,445 with an EBITDA of USD 758,049. The company's revenue is derived primarily from direct transactions with clients across banking, government, and enterprise sectors, facilitated through subscription-based pricing models that include tiered plans tailored to customer needs. The flagship products, including biometric cryptography tools and secure transaction platforms, form the core of the revenue structure, complemented by both initial setup fees and recurring subscription fees.PrivyLink is currently strategizing to enhance its product offerings, including the development of new biometric security tools expected to launch in 2023 targeting the fintech sector. The company aims to expand its market presence beyond Singapore into Southeast Asian regions by 2024, leveraging recent funding from the SERIES B round to support research and development initiatives. In 2002, Excelsior Capital Asia sold its stake in PrivyLink back to its management, which reinforces the commitment towards long-term growth and innovation.

## Funding rounds

- Series B, Jul 6, 2000, $10M — Excelsior Capital Asia

## Investors

- Excelsior Capital Asia — Series B