Entersekt

Stellenbosch, South Africa Founded: 2010 • Age: 16 yrs
Platform that offers fraud detection solutions for financial instituions
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About Entersekt

Entersekt is a company based in Stellenbosch (South Africa) founded in 2010.. Entersekt has completed 1 acquisition, including Modirum. Entersekt offers products and services including Context Aware Authentication, 3-D Secure Solutions, and Banking Authentication. Entersekt operates in a competitive market with competitors including ComplyAdvantage, Perfios, Signicat, IDnow and Riskified, among others.

  • Headquarter Stellenbosch, South Africa
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Enterprise Software & Productivity Solutions
Technology → Artificial Intelligence & Machine Learning
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Nedbank

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Entersekt

Entersekt offers a comprehensive portfolio of products and services, including Context Aware Authentication, 3-D Secure Solutions, and Banking Authentication. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Enhances security by analyzing user context to prevent financial fraud.

Provides end-to-end e-commerce transaction protection against fraud risks.

Offers multi-factor authentication for secure digital banking access.

People of Entersekt
Headcount 50-200
Employee Profiles 66
Board Members and Advisors 8
Employee Profiles
People
Schalk Nolte
CEO
People
Gerhard Oosthuizen
CTO
People
Tom de Waal
Senior Solutions Architect
People
Pieter de Swardt
Senior Vice President Commercial: SA & Sales Operations

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Board Members and Advisors
people
Jon Roskill
Board Member
people
Joseph Porten
Board Member

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Funding Insights of Entersekt

  • Total Funding
  • Total Rounds 6
  • Last Round
  • First Round
  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2025 Amount Series B - Entersekt Valuation

investors

Jun, 2024 Amount Series B - Entersekt Valuation PAPEfunds
Jun, 2022 Amount Series B - Entersekt Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Entersekt

Entersekt has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Nedbank, PAPE funds and Accel-KKR. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity capital is managed by PAPE for mid-cap investments.
Founded Year Domain Location
Investments are focused on mid-market software and technology-enabled services firms.
Founded Year Domain Location
Endeavor is focused on supporting high-impact entrepreneurs globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Entersekt

Entersekt has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Modirum. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Security services for banks' card-not-present payments are provided.
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Entersekt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Entersekt Comparisons

Employees
+
Add Comparison
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Competitors of Entersekt

Entersekt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ComplyAdvantage, Perfios, Signicat, IDnow and Riskified, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based anti-money laundering solutions are provided for compliance.
domain founded_year HQ Location
Provides financial technology solutions for data analysis and verification globally.
domain founded_year HQ Location
Software solutions for identity management are provided via APIs.
domain founded_year HQ Location
Automated and expert-led identity verification services are provided.
domain founded_year HQ Location
AI-based fraud prevention for e-commerce payments is provided.
domain founded_year HQ Location
Identity verification solutions are provided, including document and biometric authentication.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Entersekt

Frequently Asked Questions about Entersekt

When was Entersekt founded?

Entersekt was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Where is Entersekt located?

Entersekt is headquartered in Stellenbosch, South Africa. It is registered at Stellenbosch, Western Cape, South Africa.

What does Entersekt do?

Entersekt was established in 2010 in Stellenbosch, South Africa. Solutions for fraud detection are delivered to financial institutions through a platform that employs digital certificate technology. Protection from online fraud is ensured without reliance on one-time passwords. Core services encompass user authentication, customer onboarding, and tokenization. Authentication capabilities extend to mobile banking, online banking, card-not-present transactions, and mobile applications.

Who are the top competitors of Entersekt?

Entersekt's top competitors include ComplyAdvantage, IDnow and Perfios.

What products or services does Entersekt offer?

Entersekt offers Context Aware Authentication, 3-D Secure Solutions, and Banking Authentication.

How many acquisitions has Entersekt made?

Entersekt has made 1 acquisition, including Modirum.

Who are Entersekt's investors?

Entersekt has 5 investors. Key investors include Nedbank, PAPE funds, Accel-KKR, Endeavor, and AlphaCode.

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