INETCO - About the company
INETCO is an early stage company based in Vancouver (Canada), founded in 1984 by Ugan Naidoo and Angus Telfer. It operates as a Developer of software for payment fraud prevention and cybersecurity solutions. INETCO has raised $2.04M in funding. The company has 3308 active competitors, including 557 funded and 378 that have exited. Its top competitors include companies like ComplyAdvantage, Idfy and Symphony.
Company Details
Developer of software for payment fraud prevention and cybersecurity solutions. The company provides tools for real-time fraud detection and blocking, insider fraud prevention, and account takeover fraud prevention. It offers cybersecurity solutions for enterprises, including DDoS attack prevention and bot-driven high-velocity attack mitigation. The company also provides real-time transaction monitoring and payment analytics.
- Website
- inetco.com
Key Metrics
Founded Year
1984
Location
Vancouver, Canada
Stage
Early Stage
Total Funding
$2.04M in 19 rounds
Latest Funding Round
Investors
Ranked
516th among 3308 active competitors
Employee Count
49 as on May 27, 2025
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INETCO's funding and investors
INETCO has raised a total funding of $2.04M over 19 rounds. INETCO has 3 institutional investors.
Here is the list of recent funding rounds of INETCO:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 31, 2025 | 2131597 | Unattributed | 2066429 | 9823745 | 7276343 | 3179466 |
Jan 08, 2025 | 1252922 | Unattributed | 1178136 | 6748377 | 3381436 | 3418151 |
Dec 20, 2024 | 7102401 | Unattributed | 1202141 | 3993770 | 7314758 | 2113106 |
View details of INETCO's funding rounds and investors
INETCO's founders and board of directors
Founder? Claim ProfileThe founders of INETCO are Ugan Naidoo and Angus Telfer.
Here are the details of INETCO's key team members:
- Ugan Naidoo: Co-Founder & CTO of INETCO.
- Angus Telfer: Co-Founder of INETCO.
View details of INETCO's Founder profiles and Board Members
INETCO's employee count trend
INETCO has 49 employees as of May 25. Here is INETCO's employee count trend over the years:
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INETCO's Competitors and alternates
Top competitors of INETCO include ComplyAdvantage, Idfy and Symphony. Here is the list of Top 10 competitors of INETCO, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $171M | 75/100 | |
2nd | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
3rd | Symphony 2014, New York City (United States), Series E | Compliance management solutions for financial institutions | $461M | 75/100 | |
4th | Sift 1997, San Francisco (United States), Series D | Provider of an AI-powered platform for fraud detection and prevention | $162M | 75/100 | |
5th | Kairos 2011, Miami (United States), Series A | Provider of AI-powered identity verification, document authentication, and biometric solutions | $19.6M | 74/100 | |
6th | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
7th | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
8th | Entrust 1969, Dallas (United States), Acquired | Provider of identity-centric security solutions, including issuance and data protection | - | 72/100 | |
9th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
10th | Clear 2010, New York City (United States), Public | Provider of expedited identity verification services for airport security and more | $135M | 71/100 | |
516th | Developer of software for payment fraud prevention and cybersecurity solutions | $2.04M | 39/100 |
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INETCO's Investments and acquisitions
INETCO has made no investments or acquisitions yet.
Reports related to INETCO
Here is the latest report on INETCO's sector:
News related to INETCO
Media has covered INETCO for 1 event in last 1 year, It was about company updates.
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INETCO Launches Agentic AI Module to Cut Fraud Case Review TimesThe Fintech Times•Aug 04, 2026•INETCO
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Elo, Agility, and INETCO partner to optimise payment reliability in BrazilThe Paypers•Mar 12, 2025•INETCO, Agility, ELO Touch
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MobiFin & INETCO to deliver Digital Banking and Payments SecurityEIN Presswire•Dec 09, 2024•MobiFin, INETCO
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MobiFin and INETCO Partner to Deliver Cutting-Edge Digital Banking and Payments SecurityFintech Finance•Dec 06, 2024•INETCO, MobiFin
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Indonesia’s payment gateway ALTO selects INETCO to prevent card-not-present fraudElectronic Payments International•Dec 03, 2020•, INETCO
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Inetco and PT Alto Network to secure Indonesia's National Payment GatewayFinextra•Dec 03, 2020•, INETCO
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