Entersekt

Entersekt
Formation 2010
Type Private
Headquarters Stellenbosch, Cape Town, South Africa
Services online and mobile security
Key people
Christiaan Brand, Altus van Tonder, Niel Muller, Dewald Nolte, and Schalk Nolte
Website https://www.entersekt.com/

Entersekt is a Stellenbosch, South Africa-based fintech provider of mobile-based authentication and app security software protecting online and mobile banking, e-commerce transactions, and access to sensitive records and systems in healthcare, insurance, and government.[1][2] The company claims to secure digital banking transactions and payments for millions of users in 45 countries every month.

Overview

In February 2016, the Colorado-based FirstBank[3][4] opted for Entersekt’s Transakt technology to enhance the security of its mobile banking application. In July 2016, Entersekt partnered with Crealogix[5], a Swiss fintech company and Netcetera[6][7], a software company and digital payment expert.

In June 2017, Entersekt received an undisclosed amount as an investment from AlphaCode and BoE Private Equity Investments.[8][9]

In 2017 April, Entersekt won the Best Mobile Security Technology Award at the 2017 Banker Africa Southern Africa Banking Awards.[10][11][12]

Transakt Technology

Transakt is a patented stand-alone security app, which is downloadable from major app stores like Apple App Store, Windows App Store, and Google Play. Transakt uses digital certificate technology and proprietary mobile validation techniques to build a safe communication channel between the service providers and their customers’ cell phones and tablets.[13][14]

References

  1. "Delivering authentication and mobile security solutions that make the digital world safer to bank and shop: Entersekt". thesiliconreview.com. Retrieved 2017-09-25.
  2. "Top SA Fintech Talent Behind This Startup's Global Success". Retrieved 2017-09-25.
  3. "FirstBank Chooses Entersekt to Boost Mobile Banking Security". MarketWatch. Retrieved 2017-09-25.
  4. Hub, Africa News. "FirstBank chooses Entersekt to boost mobile banking security". Retrieved 2017-09-25.
  5. Finextra (2016-07-01). "Crealogix partners with Entersekt". Finextra Research. Retrieved 2017-09-25.
  6. "Entersekt offers authentication service to Netcetera". www.thepaypers.com. Retrieved 2017-09-25.
  7. "Netcetera to Safeguard Online Payments with Entersekt Authentication | PYMNTS.com". Retrieved 2017-09-25.
  8. Lourie, Gugu (2017-06-07). "SA's Investment Firms Take Up Stakes in Stellenbosch-based innovator Entersekt". TechFinancials. Retrieved 2017-09-25.
  9. ""Multi-million dollar" funding round for SA fintech startup Entersekt". Disrupt Africa. 2017-06-07. Retrieved 2017-09-25.
  10. Entersekt. "Stellenbosch-based Entersekt wins Banker Africa 2017 award - ITWeb Africa". www.itwebafrica.com. Retrieved 2017-09-25.
  11. "Fintech Africa". 2017.fintech-africa.com. Retrieved 2017-09-25.
  12. "Entersekt wins Best Mobile Security Technology Award – Ventureburn". Ventureburn. 2017-04-11. Retrieved 2017-09-25.
  13. "How SA fintech startup Entersekt is taking over the world". Disrupt Africa. 2016-06-01. Retrieved 2017-09-25.
  14. "Entersekt appoints IST Networks as reseller for Middle East and Turkey". Intelligent Tech Channels. 2016-08-25. Retrieved 2017-09-25.


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