Secure Insight

What Secure Insight does

Secure Insight (legally Secure Settlements, Inc. t/a Secure Insight) is a privately held U.S. fintech founded in 2012 and headquartered in Hamilton, New Jersey, that builds risk management software and services for the residential mortgage closing table. The company targets wire fraud and closing fraud — the risk that funds wired to a settlement agent (attorney, title agent, escrow officer, or notary) at loan closing are misdirected or stolen, or that the closing professional themselves is compromised. Its core offering is a Settlement Agent Risk Profile database covering 90,000+ closing agents with continuous monitoring of licensing, E&O/fidelity bond/cyber liability insurance, regulatory status, and bank/wiring data, sold per transaction for 'a few dollars per transaction' and supplemented by subscription products. The product suite comprises Closing Guard (ongoing third-party settlement agent vetting), WINN / Wire Information National Network (wire instruction and trust account verification), and TruePay (electronic payment and payoff fraud prevention), all delivered through a cloud-native SaaS platform hosted on AWS, GCP, Heroku, and Microsoft Azure with a SOC 2-aligned information security program, PCI DSS validation, encryption at rest and in transit, SSO/2FA, and annual third-party penetration testing. The proprietary SSI Risk Metrics Evaluation System, developed over 5+ years with risk analysts at Lloyds of London and grounded in Donald Cressey's Fraud Triangle framework, scores settlement agent propensity for fraud, with enhanced analytics and personality testing modules reportedly under development.

Go-to-market is sales-led and enterprise-direct: Secure Insight reports 100+ lender clients nationwide (mortgage banks, warehouse banks, and credit unions), has supervised 20+ million residential mortgage closings with zero self-reported fraud losses since 2012, and reaches closing agents, real estate agents, and consumers through dedicated self-serve portals (lender.secureinsight.com, ca.secureinsight.com, consumer.secureinsight.com, truepay.secureinsight.com). Revenue is generated through per-transaction Settlement Agent Risk Profile and Wire Verification Reports, recurring Closing Guard, WINN, and TruePay enterprise subscriptions typically structured as multi-year contracts, and a secondary affiliate/referral arrangement sharing closing professional contact data with bond and E&O insurance carriers. Marketing relies on a CEO-authored blog and industry thought leadership rather than disclosed paid acquisition, and the company targets a ~$3 trillion annual U.S. mortgage transaction TAM where the FBI has characterized mortgage fraud as the 'number one white collar crime in America' and title/closing fraud alone represents an estimated ~$1B annual loss pool.

Name

Secure Insight

Legal name

Secure Settlements, Inc. t/a Secure Insight

Website

https://secureinsight.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Secure Insight is a U.S. fintech founded in 2012 that sells wire-fraud and closing-fraud risk management software (Closing Guard, WINN, TruePay) to mortgage lenders, warehouse banks, and credit unions, backed by a proprietary database of 90,000+ monitored settlement agents.

Ownership category

akta.pro rank

Headquarters

HQ city

Parsippany

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Per-transaction Settlement Agent Risk Profile & Wire Verification Reports: Priced per transaction ('a few dollars per transaction') for Settlement Agent Risk Profile and Wire Verification Reports delivered to lenders before funding; sold primarily to mortgage lenders, warehouse banks, and credit unions via direct sales.
2. Closing Guard SaaS Subscription: Recurring third-party settlement agent vetting and continuous monitoring service (Closing Guard) sold to lenders and warehouse banks; includes ongoing profile changes, insurance record renewal handling, bank account/wiring instruction updates, and licensing monitoring.
3. TruePay Electronic Payment Service: TruePay electronic payment and payoff fraud prevention tool offered as a paid service to lenders and consumers.
4. WINN Wire Verification Service: Wire Information National Network (WINN) wire verification service sold to lenders and warehouse banks for confirming wire instructions and trust accounts.
5. Insurance Referral / Lead-sharing Revenue: Secure Insight shares closing professional contact information with bond and E&O insurance providers so they can offer discounted insurance to registered closing professionals; users may opt out, indicating an implicit referral/affiliate arrangement with insurance carriers.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels10 records

Core offering

Secure Insight provides pre-funding settlement agent vetting, wire instruction verification, and electronic payment fraud prevention for U.S. residential mortgage lenders, warehouse banks, and credit unions. Its product suite — Closing Guard (settlement agent vetting and continuous monitoring), WINN/Wire Information National Network (wire and trust account verification), and TruePay (electronic payment and payoff fraud prevention) — is delivered through a cloud-native SaaS platform backed by a proprietary database of more than 90,000 closing agent records. Per-transaction Settlement Agent Risk Profile and Wire Verification Reports are available to lenders for a few dollars per transaction before they fund closings.

Differentiator

Problem solved

Functional benefit

Brands

• Closing Guard: Settlement agent vetting tool used to evaluate and monitor closing agent risk.
• WINN (Wire Information National Network)
• TruePay

Products and services

• Closing Guard Third-party settlement agent vetting and continuous monitoring service for U.S. mortgage lenders, warehouse banks, and credit unions. Validates E&O policies directly with insurance carriers rather than relying on certificates of coverage; monitors licensing, fidelity bonds, cyber liability, regulatory status, and bank/wiring data on agents before lenders fund closings.
• WINN (Wire Information National Network)

Quantifiable outcome

• 90,000+ closing agent records in database
• +6 more outcomes

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Spruce: Real estate fintech platform providing identity verification, title and closing tooling; emerging player intersecting with Secure Insight's vendor risk and consumer settlement agent verification use cases.
• Stavvy: Digital mortgage collaboration and closing platform that includes secure eSigning, eNote, and identity verification — emerging player in adjacent closing-risk workflows where Secure Insight competes for lender mindshare.

Direct peers

• CertifID: Direct competitor offering wire fraud verification and identity authentication for mortgage and title transactions; overlaps head-on with Secure Insight's WINN and Closing Guard products on lender and title agency customers.
• ClosingLock: Direct peer in wire fraud prevention for real estate and mortgage closings; competes for the same lender, title, and escrow agent buyer base with secure wire instruction verification tooling.
• FundingShield: Direct peer providing wire fraud prevention, closing protection letter (CPL) validation, and vendor risk management for warehouse banks, lenders, and title agents — the same core buyer segments Secure Insight serves.
• Paymints.io: Direct peer offering secure electronic payments for real estate transactions; overlaps with Secure Insight's TruePay product on mortgage disbursement fraud prevention.

Broad incumbents

• Notarize: Online notarization and digital closing platform; a broader incumbent that addresses a related piece of the mortgage closing workflow where Secure Insight's settlement agent vetting sits.
• Snapdocs: Broader eClosing and digital mortgage platform incumbent; competes indirectly via embedded fraud-prevention workflows in lender-facing closing software that overlap with Secure Insight's wire/closing risk checks.
• Black Knight (now ICE): Large incumbent in mortgage technology and closing workflows; overlaps with Secure Insight's vendor risk reporting and wire/closing risk management through enterprise lender integrations.
• ICE Mortgage Technology (Pavaso / Encompass): Broad mortgage technology incumbent (ICE) that owns Pavaso for digital closings and Encompass for loan origination; competes for the same lender software budget with embedded closing risk capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Secure Insight