Basis Theory Platform
Provider 
Founded 2020
Sells To Enterprise
Pricing Model Recurring, Software
Ownership Private, Venture Capital

Independent tokenization platform for vaulting, routing, and optimizing payment data across processors.
Basis Theory Platform is an independent token vault that captures, tokenizes, and routes sensitive payment data via modern APIs, allowing merchants and platforms to retain control of data while using any processor or gateway. It provides vaulting, network tokenization, and add-ons such as account updater and proxy services to improve authorization and resilience without locking data to a single provider.
The platform positions itself as more than a vault, emphasizing payment optimization, conversion, and retention alongside security. It competes directly with data-vault providers by offering portable tokens and routing logic, enabling customers to migrate card data on file and operate payment flows across multiple processors from a single tokenization layer.
| Attribute | Basis Theory Platform | Account Updater, Network Tokens, Token Vault | VGS Card Management Platform, VGS Network Tokens, VGS Vault | |
|---|---|---|---|---|
| Provider | ||||
| Founded | 2020 | 2021 | 2015 | |
| Sells To | Enterprise | B2B, Enterprise | Enterprise | |
| Pricing Model | Recurring, Software | Enterprise Contract, Enterprise Software | Recurring, Software, Usage-based | |
| Ownership | Private, Venture Capital | Privately Held, Venture-backed private company | Equity, Venture Capital |
Provider 
Founded 2020
Sells To Enterprise
Pricing Model Recurring, Software
Ownership Private, Venture Capital
Provider 
Founded 2021
Sells To B2B, Enterprise
Pricing Model Enterprise Contract, Enterprise Software
Ownership Privately Held, Venture-backed private company
Provider 
Founded 2015
Sells To Enterprise
Pricing Model Recurring, Software, Usage-based
Ownership Equity, Venture Capital
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