TokenEx
- Company typePrivate
- Founded2010
- HeadquartersTulsa, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
TokenEx firmographics
Firmographics- Name
- TokenEx
- Legal name
- IXOPAY, Inc.
- Website
- https://tokenex.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
TokenEx industry classification
Industry- Product category
- Payment Data Security & Tokenization
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service) (FSAMAEAI)
Keywords
Where TokenEx is headquartered
LocationHeadquarters
- HQ city
- Tulsa
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
TokenEx business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Tokenization Services: Cloud-based tokenization services enabling companies to convert sensitive data into tokens for breach protection and PCI compliance
- Payment Orchestration: Multi-processor payment orchestration enabling merchants to optimize payment routing and authorization rates
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise pricing tailored to merchant volume and requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
TokenEx product offering
Product offeringCore offering
TokenEx provides a cloud-based tokenization platform that replaces sensitive payment card and personal data with non-sensitive tokens, reducing merchants' PCI DSS scope by up to 90%. The platform serves merchants, fintechs, and payment service providers with a Universal Token that works across any processor, a secure token vault (AuricVault®), and payment orchestration capabilities that allow routing and re-routing of transactions without re-tokenization.
Product overview
TokenEx, now operating as IXOPAY (a TokenEx Company), offers a cloud-based data protection and payment tokenization platform. The core offering is the Universal Token platform which converts sensitive data into tokens, reducing PCI compliance scope by up to 90%. The platform operates as a modular architecture with the TokenEx Platform as the core product, supplemented by numerous add-on modules including Universal Token Payment Orchestration, Network Tokenization, 3-D Secure Authentication, TokenEx iFrame, Browser Based Encryption, PCI Validated P2PE, BIN Lookup, Hosted Payment Pages, Batch Tokenization, Account Updater, Fraud Prevention Services (including AI Payments Intelligence), TokenEx Mobile API, Transparent Gateway API, Payment Services, E2EE Solutions, and Reseller API. The company also acquired the AuricVault® service from Auric Systems International. The platform serves 500+ merchants and fintechs with services covering tokenization, payment orchestration, fraud detection, and compliance management.
Differentiator
Problem solved
Functional benefit
Products and services
- TokenEx Cloud Tokenization Platform (Universal Token)
Quantifiable outcome
- Reduce PCI scope by up to 90%
- +1 more outcomes
Companies that use TokenEx
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles1 record
TokenEx technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability2 records
Feature12 records
TokenEx partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- IXOPAYcoreMerger partner combining IXOPAY's payment orchestration solutions with TokenEx's tokenization expertise to create a comprehensive global payment optimization platform addressing limitations of single payment processors.
- Auric Systems InternationalcoreAcquired company whose AuricVault® service expands TokenEx's product offerings and presence in Latin America and Africa fintech sector.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
TokenEx competitors and assessment
Company assessmentDirect peers
- Spreedly: Payment orchestration platform that lets merchants route transactions across multiple gateways and securely vault payment methods. Directly comparable to the IXOPAY side of TokenEx's stack for multi-processor routing and token vaulting.
- Very Good Security (VGS): Cloud-based tokenization and data vaulting infrastructure that lets companies secure sensitive data (cards, PII, bank credentials). A direct competitor to TokenEx's Universal Token vaulting proposition, especially for PCI scope reduction.
- Primer: Unified payment infrastructure and orchestration platform that lets merchants connect, route, and optimize transactions across processors. Comparable to TokenEx/IXOPAY's multi-processor orchestration and reconciliation story.
- Skyflow: Data privacy vault built for PII, PHI, and payment data with tokenization APIs. Competes directly with TokenEx in the broader data-tokenization-as-a-service category for developers and fintechs.
- Basis Theory: Developer-focused tokenization platform for sensitive payment and PII data, used by fintechs to vault and process card data without increasing PCI scope. A direct emerging competitor in the developer/fintech segment.
- Gr4vy: Cloud-native payment orchestration platform purpose-built for merchants to deploy and manage multiple payment processors. Closely comparable to the orchestration capabilities TokenEx gained via the IXOPAY merger.
- Cellpoint Digital: Payment orchestration and digital payments platform for merchants and travel/fintech verticals. Comparable to TokenEx/IXOPAY's multi-processor orchestration, vaulting, and acquirer-agnostic routing offering.
Broad incumbents
- Adyen: Global unified payments platform that combines gateway, processing, and increasingly tokenization/orchestration capabilities. A broader incumbent whose expanding product suite competes with TokenEx's full stack.
- Stripe: End-to-end payments infrastructure whose built-in tokenization, network tokens, and routing capabilities compete with TokenEx's value prop — particularly for SMB and platform merchants.
- Checkout.com: Global payments processor and orchestration provider offering multi-acquirer routing and token services. Comparable as a broader incumbent competing for enterprise merchant tokenization and orchestration wallet share.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
TokenEx social profiles
Digital presenceTokenEx financial estimates
Financial estimateRevenue estimate
Valuation estimate
TokenEx leadership team
Management profileNumber of profiles
Profiles6 records
TokenEx subsidiaries and ownership
Company hierarchySubsidiaries2 records
TokenEx funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TokenEx M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TokenEx
What does TokenEx do?
TokenEx provides a cloud-based tokenization platform that replaces sensitive payment card and personal data with non-sensitive tokens, reducing merchants' PCI DSS scope by up to 90%. The platform serves merchants, fintechs, and payment service providers with a Universal Token that works across any processor, a secure token vault (AuricVault®), and payment orchestration capabilities that allow routing and re-routing of transactions without re-tokenization.
Is TokenEx a public or private company?
TokenEx is a private company. It is classified as venture growth investor backed and is currently operating.
When was TokenEx founded?
TokenEx was founded in 2010. It employs 101 to 250 people.
Where is TokenEx based?
TokenEx is headquartered in Tulsa, United States, in the North America region.
How does TokenEx make money?
Two revenue lines are on record. Tokenization Services are the primary driver. The others are payment Orchestration.
Who are TokenEx's main competitors?
Direct peers on record are Spreedly, Very Good Security (VGS), Primer, Skyflow, Basis Theory, Gr4vy and Cellpoint Digital. Broad incumbents are Adyen, Stripe and Checkout.com.
Does TokenEx have an API?
Yes. TokenEx/IXOPAY offers multiple API versions including TokenEx API v1 and v2, Transparent Gateway API v1 and v2, Payment Services v1 and v2, Mobile Solutions API, and Reseller API. The platform provides sandbox/test environment access for integration testing. Developer documentation is at docs.tokenex.com/docs/welcome.
What industry is TokenEx in?
TokenEx's product category is Payment Data Security & Tokenization. Its primary akta.pro industry code is FSAMAEAI, Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service). Its NAICS code is 522320.