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Entersekt is a Stellenbosch-based fintech company that offers authentication and app security services for secure online and mobile banking, through its flagship product Transakt.

Overiew
In February 2016, the Colorado-based FirstBank opted for Entersekt’s Transakt technology to enhance the security of its mobile banking application.In July 2016, Entersekt partnered with Crealogix, a Swiss fintech company and Netcetera  , a Zurich-based web hosting provider.

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

In 2017 April, Entersekt won the Best Mobile Security Technology Award at the 2017 Banker Africa Southern Africa Banking Awards.

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.