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]

Entersekt
Formation2010
TypePrivate
HeadquartersStellenbosch, Cape Town, South Africa
Servicesonline and mobile security
Key people
Christiaan Brand, Altus van Tonder, Niel Muller, Dewald Nolte, and Schalk Nolte
Websitehttps://www.entersekt.com/

History

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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

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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

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  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.