Blog

Our thoughts are with all citizens of Ukraine as they endure unprovoked military aggression from the Russian Federation. We are working around the clock to ensure the safety of our team members, partners, and customers impacted by the current geopolitical environment. We are actively assisting in the safe relocation of our employees and their families.

Dismissing payments simply as a cost center will put any merchant at a significant disadvantage today. The reach and impact of payments has broadened extensively in recent years, transforming from just a function to be performed into a feature to be delivered. Payments now have direct input into the customer experience, geographic expansion and overall business performance. Indeed, many of the fastest-growing merchants and marketplaces around the world can draw a direct link between their success and their payments strategy.

VGS is a Forbes 2021 Next Billion-Dollar Startup – WOAH! We’re thrilled to be one of only 25 companies selected for this distinction by Forbes and TrueBridge Capital Partners.

VGS has teamed up with Cobalt, an innovative Pentest-as-a-Service (PtaaS) company, to help businesses improve their security posture and achieve compliance easier by protecting sensitive data.

VGS congratulates four of our customers, Aspiration, Brex, Gemini, and TrueBill, that made the Forbes' Fintech 50 2021 list of most innovative fintech companies.

Making this prestigious list is no easy feat and puts organizations in the company of notable 'graduates' (aka those who have gone public) like Coinbase and Affirm. We’re not at all surprised to see these four listed, with their focus on innovation extending all the way to security and compliance.

Today, we are excited to announce our participation in Visa Fintech Partner Connect, a program designed to help Visa’s issuing clients quickly connect with a vetted and curated set of technology providers.

Now more than ever, cardholders expect best-in-class experiences from their issuers. Concurrently, issuers have evolved in recent years from exclusively traditional banks with brick and mortar branches to everything from food delivery platforms to crypto exchanges. Couple heightened cardholder expectations and the expanded issuer category with digital acceleration driven by the Covid-19 pandemic, and you have meaningful tailwinds resulting in more personalized and nimble card products.

As divided as the U.S. may be in recent years, there’s at least one issue the vast majority of us seem to agree on: the price of healthcare is out of control.

As healthcare costs continue to inflate faster than other goods or services, healthcare premiums also grow. Whether through an employer or direct, people are often stuck with higher-deductible health plans just to be covered. Out-of-pocket costs for copays or the deductible can result in debt, unpaid bills, or perhaps worst of all, the person choosing not to get care.

In 2010, Laszlo Hanyecz paid 10,000 bitcoins for two pizzas. Today, with one bitcoin selling for over $60k, those same coins are worth over half a billion dollars. Hopefully the delivery guy or gal hung on to those coins!

Stilt launched their new product 80% quicker than they could have without VGS, and achieved PCI Level 2 compliance in just 1 week.

Very Good Security customer Flutterwave recently shared some excellent news! They raised $170 million in a recent Series C round, led by U.S. hedge fund and investment firm Tiger Global and New York-based private investment firm Avenir Growth Capital.