PayEgis

About PayEgis

PayEgis, also known as Tongfudun, operates as a specialized provider of enterprise-level AI Agent trust and security systems. The company was established in 2011 and is headquartered in Suzhou, China. Its core mission is to deliver security solutions centered around data, integrating cloud and blockchain technologies under a "zero-trust, zero-knowledge, and zero-code" philosophy.

The company was founded by Wang Dejia, who currently serves as the Chairman and CEO. His background includes a Ph.D. in Mathematics from the University of Wisconsin-Madison, a Master's from the Chinese Academy of Sciences, and a Bachelor's from the University of Science and Technology of China. Before establishing Tongfudun, Wang Dejia held positions at prominent technology firms including ORACLE, VISA, and IBM, and was involved in three startups in Silicon Valley. This extensive experience in technology and security directly informs the company's strategic direction. Upon returning to China in 2011, he founded Tongfudun, which provided device fingerprinting technology services to Alibaba in its early days.

PayEgis serves a diverse client base across industries such as banking, government, telecommunications, power grids, and information technology. Its business model revolves around providing sophisticated security products and services. The company generates revenue by offering solutions that address complex security challenges in the digital landscape. Key milestones include securing its first Series A funding of 80 million yuan in 2012, a Series B of 1 billion yuan in 2016, and a Series C of 1.6 billion yuan in 2019.

The company's product portfolio is built upon two core technologies: Distributed Digital Identity (OpenChain) and Big Data Decision Intelligence (CyberIntelli). Offerings include solutions for Web Application and API Protection (WAAP), Unified Identity and Access Management (UIAM), and comprehensive Application Security (APPSECURITY). For instance, PayEgis provides SDK application reinforcement, privacy compliance detection, and mobile security solutions for clients like the Ministry of Public Security First Research Institute and Peking University. A key service is its device fingerprinting technology, which launched with a 99.9% accuracy rate. More recently, the firm has been advancing its capabilities in AI, launching a multi-agent collaboration platform called Legion and integrating its systems with large language models like DeepSeek to enhance its AI Agent trust system.