Entersekt

South African fintech company

Entersekt is a Stellenbosch, South Africa-based fintech provider of mobile-based authentication and app security software protecting online and mobile banking and transactions.^[1]

History

In February 2016, the Colorado-based FirstBank^[2][3] opted for Entersekt’s Transakt technology to enhance the security of its mobile banking application. In July 2016, Entersekt partnered with Crealogix,^[4] a Swiss fintech company and Netcetera,^[5][6] 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.^[7][8]

In 2017 April, Entersekt won the Best Mobile Security Technology Award at the 2017 Banker Africa Southern Africa Banking Awards.^[9][10][11]

Transakt

Transakt is a stand-alone security app available on mobile, it 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.^[12][13]

References

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