Basis Theory vs TOGGLE AI

Basis Theory tokenizes, routes, and stores payment data outside your own systems so finance teams can keep checkout running without touching raw card numbers. Merchants collect cards through Universal Form Elements, keep tokens for recurring charges, and send those tokens to any payment service provider without rebuilding checkout. The site describes it as more than a token vault because it also handles PSP routing, authorization optimization, and resilience when a processor fails.

Most payment vaults lock you into one processor stack. Basis Theory stays PSP-agnostic so you can route transactions to Stripe, Braintree, Adyen, or a backup provider when the primary path declines. That unbundling matters most when a single PSP shutdown would otherwise take revenue offline, which creator platforms and vertical SaaS vendors cite as the core reason they adopt it over all-in-one checkout bundles.

Developers integrate through APIs, SDKs, and prebuilt web Elements documented at developers.basistheory.com. Product and finance teams at subscription businesses, e-commerce brands, and platforms building PayFac capabilities use it to shrink PCI scope, configure retry logic for failed renewals, and add Linque-powered payment method discovery at checkout.

TOGGLE AI now operates as Reflexivity, an institutional investment analysis platform built by Knabble, Inc. The site at toggle.ai redirects to reflexivity.com, where the company positions the product for asset managers, hedge funds, and other professional investors who need research workflows backed by licensed market data rather than generic chat output.

Reflexivity combines explainable analysis with feeds from providers such as S&P Global, LSEG Datastream, Cboe, Nasdaq, Dow Jones, Benzinga, and EDGAR. The platform is designed to surface auditable insights tied to source data, with controls aimed at reducing unsupported answers when information is missing or uncertain.

The product spans six core modules: Deep Research for autonomous code-driven analysis, a proprietary Knowledge Graph for relationship mapping, Portfolio Insights for holdings alerts, Scenario Analysis for historical stress tests, Document Intelligence for filings and transcripts, and Smart Screening across 40,000+ global securities. Platform access and API integration are sold through sales-led demos rather than self-serve checkout.

Leadership includes former Lombard Odier portfolio managers Jan Szilagyi (CEO) and Giuseppe Sette (President), alongside technologists from Kensho and other fintech teams. Backers shown on the site include SoftBank, General Catalyst, Greycroft, MUFG, and Interactive Brokers.