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Founded Year



Acquired - II | Acquired

Total Raised


About SecureKey Technologies

SecureKey Technologies develops hardware and software solutions that extend the power of chip-based identity and payment technologies to online and mobile transactions. Financial institutions, health care providers, government organizations, and others can provide online convenience, as well as enhanced security and privacy using SecureKey's online card, virtual card, and device-secured authentication and payment solutions. On March 24th, 2022, SecureKey Technologies was acquired by Avast. The terms of the transaction were not disclosed.

Headquarters Location

4101 Yonge Street Building 4, Suite 501, York Mills Centre

Toronto, Ontario, M2P 1N6,





Research containing SecureKey Technologies

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned SecureKey Technologies in 1 CB Insights research brief, most recently on Sep 7, 2021.

Expert Collections containing SecureKey Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SecureKey Technologies is included in 6 Expert Collections, including Blockchain.



7,406 items

Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.



2,780 items

Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.



7,291 items

These companies protect organizations from digital threats.



12,502 items

Excludes US-based companies


Digital ID In Fintech

268 items

For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.


Canadian fintech

345 items

SecureKey Technologies Patents

SecureKey Technologies has filed 19 patents.

The 3 most popular patent topics include:

  • federated identity
  • identifiers
  • identity management
patents chart

Application Date

Grant Date


Related Topics




Identity management, Federated identity, Identity management systems, Identity management initiative, Password authentication


Application Date


Grant Date



Related Topics

Identity management, Federated identity, Identity management systems, Identity management initiative, Password authentication



Latest SecureKey Technologies News

How banks are shaping Canada's digital ID infrastructure

Jul 8, 2022

By  Robin Arnfield July 08, 2022, 11:19 a.m. EDT 5 Min Read REGISTER NOW Canadian banks and the country's Interac debit network are heavily involved in the nation's digital ID initiatives, working with telcos and tech companies to promote interoperability and thus reduce fraud. Being able to verify customer identity digitally will be critical when Canadian financial institutions launch the Real-Time Rail instant payments service in 2023, followed within the next few years by open banking . Digital ID refers to a federated form of identification that draws on multiple sources and is flexible and reusable. It’s better suited for digital payments than static forms of authentication such as usernames and passwords. This makes digital ID of value in combating fraud, which has been rising in Canada due to the growth in online transactions during the pandemic. In 2021, there were 30,849 cases of identity fraud and 9,666 scams involving personal information, according to the Canadian Anti-fraud Centre. The government-backed fraud reporting service received 104,295 total fraud reports involving CA$379 million in reported losses in 2021, up from 46,465 fraud reports and CA$96.16 million in reported losses in 2019. Prior to the pandemic, Canada’s largest financial institutions were already involved in developing digital ID services in partnership with Toronto-based SecureKey Technologies. In 2016, the country’s top five banks — Bank of Montreal, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Bank of Nova Scotia (Scotiabank), and Toronto-Dominion Bank — and credit union group Desjardins were among investors in SecureKey, which develops blockchain-based federated digital ID verification platforms. In May 2019, SecureKey launched Verified.Me , a Canadian digital ID network that uses customers’ encrypted personal information drawn from multiple databases along with their banking login credentials to verify their identity. Verified.Me users must provide consent for their personal and credit information to be shared with third-parties, and no personal information is stored by Verified.Me. Canada’s top five banks and Desjardins use Verified.Me to vet the identities of customers applying for bank accounts and loans from them. They also enable customers to use their banking login credentials to access services from organizations participating in Verified.Me such as investing, health care, notarizing legal documents, and real estate. In addition to banks, Verified.Me’s partners include Equifax, which checks for fraud on applicants’ financial accounts; Onfido, which checks the legitimacy of photo ID documents uploaded to Verified.Me; and EnStream, a telco industry joint venture which ensures consumers’ cell phone accounts haven’t been hacked. In October 2021, Interac, which operates Canada’s debit and ATM networks as well as the Interac e-Transfer payments service, bought the Canadian rights to Verified.Me. Interac aims to sign up the 300 financial institutions participating in its payments networks to act as credential providers for Verified.Me so it can act as a nationwide digital ID scheme, said Neil Butters, Interac’s vice president of digital ID product. “We’re building an ID network that is intended to become a utility for Canadians, giving them confidence to transact in the digital economy,” said Butters. “Interac’s goal for Verified.Me is to be as ubiquitous as possible. We’re looking at the applicability of Verified.Me for open banking and the Real-Time Rail.” The Large Credit Union Coalition, which represents Canada’s largest credit unions, is creating a credit union system node on Verified.Me, said Atul Varde, chief information and payments officer at Edmonton, Alberta-based Servus Credit Union. “Servus is actively involved in this process and is one of the first implementers,” he said. “Once this node is functional, Servus members could use their digital banking credentials to access services from Verified.Me's relying parties. For example, Servus members could apply for Internet connections more easily and securely from telcos if they use digital ID data from Servus to process their application.”

SecureKey Technologies Frequently Asked Questions (FAQ)

  • When was SecureKey Technologies founded?

    SecureKey Technologies was founded in 2008.

  • Where is SecureKey Technologies's headquarters?

    SecureKey Technologies's headquarters is located at 4101 Yonge Street, Toronto.

  • What is SecureKey Technologies's latest funding round?

    SecureKey Technologies's latest funding round is Acquired - II.

  • How much did SecureKey Technologies raise?

    SecureKey Technologies raised a total of $73.67M.

  • Who are the investors of SecureKey Technologies?

    Investors of SecureKey Technologies include Avast, Interac, U.S. Department of Homeland Security, Digital ID Authentication Council of Canada, Bank of Montreal and 14 more.

  • Who are SecureKey Technologies's competitors?

    Competitors of SecureKey Technologies include VU Security.


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