Evervault is a cutting-edge startup that specializes in providing advanced security solutions for businesses handling sensitive payment data. The company operates in the financial technology (fintech) market, focusing on helping enterprises ensure the highest level of data security and compliance. Evervault's primary clients are developers and businesses that need to manage and process sensitive payment information securely.

The core of Evervault's offering is its secure enclave technology. Secure enclaves are isolated environments within a computer that protect sensitive data even if the main system is compromised. This technology allows developers to run sensitive payment operations in highly secure environments, ensuring that data is protected from unauthorized access.

Evervault's business model revolves around offering a suite of tools and services that simplify the process of securing payment data. These tools include encryption proxies, which can encrypt or decrypt data within a network request, and embeddable components for collecting and displaying cardholder data without exposing it in plaintext. Additionally, Evervault provides solutions for tokenizing card data, managing encryption keys, and optimizing payment flows to reduce costs and improve acceptance rates.

The company generates revenue by charging businesses for access to its security infrastructure and tools. This can include subscription fees for ongoing access to their services, as well as usage-based fees depending on the volume of data processed or the number of secure enclaves deployed.

Evervault's solutions are designed to help businesses accelerate their payment operations by reducing the time and complexity involved in achieving compliance with industry standards like PCI DSS (Payment Card Industry Data Security Standard). By using Evervault, companies can launch card products faster, avoid vendor lock-in with payment processors, and ensure that their payment data is handled with the highest level of security.

In summary, Evervault is a fintech startup that provides advanced security solutions for handling sensitive payment data, serving developers and businesses in need of robust data protection and compliance tools.

Keywords: fintech, secure enclaves, encryption, payment data, PCI compliance, tokenization, data security, developers, payment optimization, compliance tools.