Entersekt attracts investment from US private equity company

Thursday 9 December 2021 13:00 CET | News

South Africa-based fintech Entersekt has revealed a strategic investment from US-based private equity company Accel-KKR to accelerate the former’s expansion into new markets.

Entersekt company officials stated they are excited to have Accel-KKR on board, as the industry is experiencing a wave of innovation in areas like omnichannel and passwordless authentication, 3-D Secure, and open banking, all of which are strategic focus areas for Entersekt.

Entersekt currently secures over 1 billion transactions every month, protecting financial services customers across the globe. The company is player in the global authentication market, known for delivering new technologies. Two recent examples include a Europe-first payment authentication solution based on the FIDO standard, and an implementation of an AI-powered 3-D Secure solution.

For more information about Entersekt, please check out the company profile in The Paypers Company Database.

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Keywords: 3-D Secure, investment, omnichannel, online authentication, FIDO, artificial intelligence
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime