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# Encrypted Payment Orchestration Platforms
Evervault Announces its Card Payments Product

By Debra John | Written with AI assistance | Published 2026-03-17 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/card-payments-product
References: [thenextweb](https://thenextweb.com/news/evervault-raises-e21m-to-build-payment-encryption)

![Encrypted Payment Orchestration Platforms](https://cdn.trendhunterstatic.com/thumbs/604/card-payments-product.jpeg)

Evervault, the Dublin-and-New York-based security startup, launched a card payments product designed to encrypt and orchestrate card data so it never appears in plaintext within customer systems, featuring built-in 3D-Secure, network tokens and card-data enrichment.

The company announced a €21 million Series B on March 5, 2026, led by [Ribbit Capital](https://www.trendhunter.com/trends/klarna-6) with Sequoia and [Index Ventures](https://www.trendhunter.com/trends/AI-cost-management-startup), and said the product connects to more than 7,000 banks and financial institutions. Its platform is developer-focused and combines encryption with authentication and tokenization in a single integration to reduce surfaces where fraud and compliance costs arise.

Evervault reported that customers cut PCI compliance expenses and accelerated time-to-compliance, and the firm said the funding will expand encryption infrastructure and product development amid tighter [EU](https://www.trendhunter.com/trends/Cross-border-beverage-platforms) payment and data rules.

Image Credit: Standret / Shutterstock

## Trend Insights (Trend Hunter)

- Score: 5.6/10
- Popularity: 43% | Activity: 55% | Freshness: 70%
- Audience gender: 50% men, 50% women
- Primary generations: Gen X
- Top markets: North America, Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [Retail](https://www.trendhunter.com/retail)

## Key Themes

### What Makes This Trend Stand Out

- **Encrypted Payment Orchestration:** Platforms that encrypt and orchestrate card data end-to-end create environments where merchants never handle plaintext, reducing fraud exposure and compliance scope.
- **Developer-centric Security Platforms:** A focus on single-integration security tools streamlines engineering workflows and embeds cryptography, authentication, and tokenization into application development lifecycles.
- **Tokenization and Network Tokens:** Widespread adoption of tokenization and network tokens shifts transaction risk away from raw card data and enables new modes of secure recurring and cross-channel payments.

### Sectors Adopting This

- **Payments Infrastructure:** Core routing, gateway, and orchestration providers can be transformed by embedded encryption and bank connectivity that reduce PCI burden and broaden global acceptance.
- **Fintech Compliance Services:** Regulatory-compliance consultancies and tooling benefit from platformized encryption that standardizes controls across merchants and simplifies auditability under tightening EU rules.
- **Banks and Payment Service Providers:** Issuers and PSPs that integrate tokenization and encrypted rails may offer differentiated, lower-risk acquiring and issuing services with reduced liability exposure.

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