Finnovant
Finnovant is a US-based product company that builds Say-Tec, a multimodal voice-and-facial biometric authentication engine, and extends it into the PhēnixLoc password manager, Krptic crypto wallet, Phēnix X blockchain smartphone, and the $BioFi utility-token ecosystem for enterprise and consumer B2B/B2C/C2C users.
- Company typePrivate
- Founded2020
- HeadquartersMountain View, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What Finnovant does
Finnovant, Inc. is a privately held US product company (founded circa 2020 per the website copyright and earliest newsletter; firmographic data lists 2018) operating a platform-plus-modules architecture built around Say-Tec, a multimodal biometric authentication engine that combines active voice authentication with a 150-measurement facial scan, CRC-based replay/printed-face spoof detection, and an adaptive AI/ML layer that retrains against voice/face aging. The company is configured to a disclosed 0.0001% false accept and ~1% false reject operating point with sub-second on-device response, and ships on iOS 7+ and Android.
The Say-Tec engine is the shared authentication layer for three complementary products: PhēnixLoc, an encrypted decentralized password and data manager; Krptic, a non-custodial multi-chain crypto wallet with integrated Uniswap/PancakeSwap trading and WalletConnect; and Phēnix X, an Android 13 blockchain smartphone co-developed with BitMobile and pre-loaded with partner dapps and monthly fiat-converted owner rewards. The $BioFi utility token is positioned as the connective tissue across these products for B2B, B2C, and C2C biometric finance use cases. A key risk is that FIDO alignment is claimed without formal FIDO Alliance membership or third-party benchmark validation.
Finnovant monetizes Say-Tec via quote-based enterprise licensing (no public pricing), sells Phēnix X hardware through the BitMobile storefront at an undisclosed price, distributes PhēnixLoc and Krptic as free consumer apps (freemium with implicit transaction and premium upside), and issues the $BioFi token. The team is ~10 founding members plus 4 advisors (CEO Brian Maw, COO Chris Benedict, GM APAC Kwok LH Wong, Lead Metaverse Developer David G. Barron, etc.), headquartered in Mountain View with active APAC business development. Distribution is led by an ~18-partner ecosystem (Deloitte, TCS, Providence, Constellation, Sensory, HelpSystems, Zariot, StorageChain, DeFi-Sentry), a continuous monthly newsletter since 2020, and active Telegram/Discord community channels. No revenue, ARR, customer logos, or institutional funding beyond a single $6,746 2019 event are disclosed.
Finnovant firmographics
Firmographics- Name
- Finnovant
- Legal name
- Finnovant, Inc.
- Website
- https://finnovant.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Finnovant is a US-based product company that builds Say-Tec, a multimodal voice-and-facial biometric authentication engine, and extends it into the PhēnixLoc password manager, Krptic crypto wallet, Phēnix X blockchain smartphone, and the $BioFi utility-token ecosystem for enterprise and consumer B2B/B2C/C2C users.
- Ownership category
- akta.pro rank
Finnovant industry classification
Industry- Product category
- Biometric Authentication Software
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE)
- akta.pro secondary industries
- Device Identity & Certificate-Based Authentication (PKI) (BPAMAEAL), Device Fingerprinting & Behavioral Biometrics (FSAMALAL), Verification & Risk Signals (Device Fingerprinting, Behavioral Biometrics) (HDADALAJ), KYC/KYB Identity Verification & Onboarding (FSADALAA), Compliance Identity & KYC/KYB for Wallets (on-chain identity, reusable KYC, travel rule tooling) (FSAPACAL), Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), AML/KYC, KYB & Identity Verification (VASP/Travel Rule) (FSAPAJAC), Crypto/Web3 Neobanks (FSABAFAG)
Keywords
Where Finnovant is headquartered
LocationHeadquarters
- HQ city
- Mountain View
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Finnovant business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Say-Tec Authentication Software Licensing: Enterprise sales-led biometric authentication service; pricing described as 'competitive' but quote-based (contact sales team). Recurring nature implied by ongoing authentication service and account representative relationship.
- Phēnix X Hardware Sales: One-time hardware sales of the Phēnix X blockchain smartphone through BitMobile (bitmobiletech.com). Includes automatic monthly fiat-converted ownership rewards as a retention/engagement lever.
- $BioFi Utility Token Sales: Utility token ($BioFi) issued as the foundation of the BioFi biometric finance ecosystem; supports authentication, payments, and access to the decentralized financial marketplace across B2B/B2C/C2C.
- PhēnixLoc & Krptic Wallet Consumer Apps: Free consumer apps distributed via App Store and APK; revenue potential from premium features, integrated DeFi trading (Uniswap/PancakeSwap) transaction activity, and cross-sell into Say-Tec / BioFi ecosystem.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Say-Tec enterprise authentication – quote-based |
| Other | — | Phēnix X smartphone – one-time hardware purchase |
| Freemium | — | PhēnixLoc password manager – free consumer app |
| Freemium | — | Krptic Wallet – free consumer crypto wallet |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Finnovant product offering
Product offeringCore offering
Finnovant develops Say-Tec, a multi-factor voice and facial biometric authentication platform combined with blockchain for passwordless identity verification. The company also offers the Phenix X blockchain-anchored smartphone (consumer hardware), PhenixLoc (password/data vault app), Krptic Wallet (self-custodial crypto wallet), and the BioFi utility token ecosystem that ties the products together.
Product overview
Finnovant operates a platform-plus-modules architecture centered on biometric authentication and blockchain-based secure transactions. Its core product, Say-Tec (voice + face biometric authentication), serves as the security foundation that powers three complementary modules: the Phēnix X hardware device (a blockchain smartphone pre-integrated with Say-Tec), the PhēnixLoc encrypted password/data manager (secured by Say-Tec), and the Krptic non-custodial crypto wallet (also locked/unlocked via Say-Tec). The BioFi Token and Ecosystem sits on top of these products as the utility token that ties the biometric finance ecosystem together, enabling authentication for logins, password resets, payments, and decentralized finance use cases across B2B, B2C, and C2C markets.
Differentiator
Problem solved
Functional benefit
Brands
- Say-Tec: Flagship cybersecurity product combining voice and facial biometrics with blockchain technology for passwordless authentication, log-in, password reset, money-transfer thresholds, and step-up authentication on web and decentralized apps.
- Phēnix X
- PhēnixLoc
- Krptic Wallet
- BioFi
Products and services
- Say-Tec Say-Tec is a multi-factor voice and facial biometric authentication service that uses combined voice-print and facial recognition with playback/spoof detection for passwordless sign-in. It is targeted at enterprises, financial services, crypto exchanges, healthcare, and government organizations needing secure user authentication and identity verification.
- Phenix X Phenix X is a consumer smartphone marketed as a blockchain-anchored hardware entry point into the Finnovant/Say-Tec identity ecosystem. It is positioned for individual consumers seeking a hardware-anchored device for biometric login, crypto storage, and blockchain-based identity.
- PhenixLoc PhenixLoc is a password manager and personal data vault application for individual consumers, designed to store passwords and sensitive data within the Finnovant ecosystem.
- Krptic Wallet Krptic Wallet is a self-custodial cryptocurrency wallet application that allows individual users to store, send, and receive digital assets within the Finnovant/BioFi ecosystem.
- BioFi Token and Ecosystem BioFi is the utility token ecosystem that powers transactions, identity verification, and partner integrations across the Finnovant product suite, including Say-Tec, PhenixLoc, and Krptic Wallet.
Quantifiable outcome
- 0.0001% false accept rate (i.e., ~virtually 100% authentication success against impostors) for combined voice + facial authentication
- +4 more outcomes
Companies that use Finnovant
Customer profileSegments4 records
Ideal customer profiles3 records
Finnovant technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability9 records
Feature8 records
Finnovant partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
Finnovant competitors and assessment
Company assessmentBroad incumbents
- Microsoft (Nuance / Entra): Microsoft's Nuance (voice biometrics) and Entra (identity/MFA) cover voice authentication and enterprise passwordless identity at massive scale — the dominant broad incumbent against which any multimodal biometric authentication startup must differentiate.
Direct peers
- Pindrop: Pindrop provides voice biometric authentication and fraud-detection for call centers and phone-based transactions — directly comparable to Say-Tec's active voice passphrase authentication and voice-spoof detection.
- TypingDNA: TypingDNA offers behavioral-biometric authentication (typing rhythm) as an MFA factor — comparable to Say-Tec in providing alternative biometric factors that go beyond passwords and fingerprints for fraud prevention.
- BioCatch: BioCatch uses behavioral biometrics and fraud/anomaly detection for authentication and account-takeover prevention — closely aligned with Say-Tec's multimodal biometric, anomaly-detection, and spoof/replay-detection positioning.
- ID.me: ID.me provides identity verification with biometric face matching and liveness detection for government, healthcare, and financial services — comparable to Say-Tec's voice/face biometric + liveness (anti-spoof) authentication.
- Onfido: Onfido delivers AI-driven identity verification with biometric document/face checks for KYC and onboarding — comparable to Finnovant's biometric identity verification applied to crypto wallet (Krptic) and enterprise onboarding flows.
- HYPR: HYPR is a passwordless authentication platform combining biometrics, FIDO2 certification, and decentralized identity — directly comparable to Say-Tec's passwordless voice/face biometric MFA offering for enterprise customers.
- Beyond Identity: Beyond Identity delivers passwordless, biometric-based strong authentication for enterprise SSO and workforce/customer use cases — directly comparable to Say-Tec's passwordless, biometric MFA value proposition.
Emerging players
- Civic: Civic is a decentralized identity platform for blockchain/Web3 users that enables reusable KYC and on-chain identity — directly comparable to BioFi's vision of biometric-anchored decentralized identity for crypto wallets and exchanges.
- SelfKey: SelfKey offers self-sovereign identity and KYC/AML tooling for crypto users and tokenized ecosystems — thematically comparable to Finnovant's biometric identity + BioFi utility token ecosystem for decentralized finance.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks3 records
Key highlights6 records
Customer concentration
Finnovant social profiles
Digital presenceFinnovant compliance and trust
Trust signalCompliance2 records
Finnovant financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finnovant leadership team
Management profileNumber of profiles
Profiles9 records
Finnovant subsidiaries and ownership
Company hierarchySubsidiaries1 record
Finnovant funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finnovant M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finnovant
What does Finnovant do?
Finnovant develops Say-Tec, a multi-factor voice and facial biometric authentication platform combined with blockchain for passwordless identity verification. The company also offers the Phenix X blockchain-anchored smartphone (consumer hardware), PhenixLoc (password/data vault app), Krptic Wallet (self-custodial crypto wallet), and the BioFi utility token ecosystem that ties the products together.
Is Finnovant a public or private company?
Finnovant is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Finnovant founded?
Finnovant was founded in 2020. It employs 1 to 10 people.
Where is Finnovant based?
Finnovant is headquartered in Mountain View, United States, in the North America region.
How does Finnovant make money?
Four revenue lines are on record. Say-Tec Authentication Software Licensing is the primary driver. The others are phēnix X Hardware Sales, $BioFi Utility Token Sales and phēnixLoc & Krptic Wallet Consumer Apps.
Who are Finnovant's main competitors?
Microsoft (Nuance / Entra) is listed as a broad incumbent. Direct peers are Pindrop, TypingDNA, BioCatch, ID.me, Onfido, HYPR and Beyond Identity. Emerging players are Civic and SelfKey.
Does Finnovant have an API?
Yes. Finnovant offers the Say-Tec API, which supports a static phrase value and can also authenticate with facial recognition for on-device solutions. The Say-Tec API controls how devices are associated with each voice and facial print based on each company's security policy, returns an authentication status (valid/invalid) for each authentication attempt, holds a unique value that is utilized for authentication, and can be associated with a specific action or transaction (e.g., bank wire transaction ID, contract or invoice number). Authentication can be extended to existing one-time passwords to convert them into biometric authentication. Availability is partner/enterprise-facing (no public developer portal listed).
What industry is Finnovant in?
Finnovant's product category is Biometric Authentication Software. Its primary akta.pro industry code is BPAMAEAE, Authentication (MFA/Passwordless/Biometrics) Platforms, with a secondary code of BPAMAEAL, Device Identity & Certificate-Based Authentication (PKI). Its SIC code is 6199.