Promon, a privately owned company headquartered in Norway, was founded in 2006 and employs approximately 120 individuals. The company reported $20.8M in revenue as of 2024. Promon functions as an app security vendor with offices in APAC, the US, Germany, the UK, and India. It utilizes a research-based technology developed in collaboration with SINTEF and the University of Oslo, and its patented deep protection technology, Promon SHIELD, safeguards applications across industries such as finance, health, and the public sector.
On July 28, 2026, Gartner included "Application Shielding" in the Slope of Enlightenment section of its 2026 Hype Cycle for Secure Software Engineering, a phase described as leading to a true understanding of an innovation’s applicability, risks, and benefits through focused experimentation. Previously, on July 8, Promon and LexisNexis Risk Solutions announced a strategic alliance to strengthen fraud prevention in mobile applications globally. This collaboration integrates LexisNexis ThreatMetrix digital identity, device, and behavioral intelligence with Promon Shield and Promon Insight in-app protection and trusted telemetry. This followed Promon's publication on July 7 of its Q2 2026 App Threat Report, which detailed the Coretax Android Banking Malware and highlighted its advanced methods beyond basic credential theft, including social engineering and accessibility abuse.
Promon's customers primarily consist of banking and software Development companies. Examples of Promon's customers include Star Finanz, Raiffeisen Bank International AG and Moneta Money Bank.
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