Waterloo’s I Think Security secures spot in the 2014 FinTech Innovation Lab

Waterloo’s I Think Security was founded in 2010 and graduated from the Accelerator Centre program in September of 2013. The company, which was founded by cryptologist and security expert Dr. CĂ©dric Jeannot, has been steadily growing and launching various products aimed to those concerned with data security.

I Think Security has been named one of eight startups to be selected to participate in the upcoming 2014 FinTech Innovation Lab Asia-Pacific. The core focus of the Lab is to assist early stage companies in the financial sector to develop and commercialize new technologies, specifically targeted to the Asia-Pacific region. The initiative was launched by Accenture in June 2014.

According to the Wall Street Journal, I Think Security is considering expanding into the Asia-Pacific market. Apart from I Think Security, the eight companies selected to participate are: Advanced Merchant Payments, AtCipher, Beijing Wecash Wonder Technology, FinSuite, iDGate, Jocata Financial Advisory & Technology Services and QxBranch.

I Think Security provides “bulletproof security solutions for the enterprise aimed at protecting a company’s most sensitive corporate information.” The startup offers products for data protection, cloud security and mobile security leverage military-level encryption. I Think Security products are used in more than 15 countries worldwide.

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