[Menlo Park, CA & Cape Town, South Africa | 9 December 2021]
Entersekt, a worldwide leader in gadget identity and authentication options headquartered in Cape Town, today revealed a substantial financial investment from Accel-KKR, a leading technology-focused personal equity company. The financial investment will make it possible for Entersekt to accelerate its roadmap, employ leading skill and fuel growth into brand-new markets.
” We are really delighted to have Accel-KKR on board. The market is experiencing a wave of development in locations like omnichannel and passwordless authentication, 3-D Secure and open banking, all of which are tactical focus locations for Entersekt. The financial investment from Accel-KKR will assist us scale our service to reach more companies throughout more areas with our cloud-first options,” states Schalk Nolte, Entersekt CEO.
Entersekt presently protects over 1 billion deals on a monthly basis, safeguarding countless monetary services clients around the world. The business is an innovator in the international authentication market, understood for providing market and market firsts. 2 current examples consist of a world-first payment authentication service based upon the FIDO requirement, and a market-first application of an AI-powered EMV 3-D Secure service presently making fast development at an acclaimed bank.
” Entersekt is understood for its deep vertical know-how and sucessful performance history in the monetary services market. The business ratings high marks from clients, particularly for its ingenious innovation that totally reimagines user experiences,” states Joe Porten, Principal at Accel-KKR. “As a partner, Accel-KKR is devoted to assisting the Entersekt group speed up development and constantly provide development in their classification.”
” Offering smooth user experiences and permitting companies to personalize their user journeys around their particular requirements is a really crucial part of our worth proposal,” Nolte includes. “It brings to life our vision of bridging the space in between identity, authentication and payments.”
Established in 2000 as one of the very first technology-focused personal equity companies, Accel-KKR has actually bought over 300 mid-market software application and technology-enabled services organizations worldwide. The company partners with strong management groups in B2B software application business with mission-critical innovations. In August 2021, Accel-KKR was called among the Leading 25 Personal Equity Companies for Development Business by GrowthCap Advisory.
Entersekt is a leading company of strong gadget identity and consumer authentication software application. Banks and other big business in nations around the world depend on its multi-patented innovation to interact with their customers safely, secure them from scams, and serve them practical brand-new experiences regardless of the channel or gadget in usage. To learn more, see entersekt.com or e-mail [email protected]
Accel-KKR is a technology-focused financial investment company with over $10 billion in capital dedications. The company concentrates on software application and tech-enabled organizations, well-positioned for topline and fundamental development. At the core of Accel-KKR’s financial investment technique is a dedication to establishing strong collaborations with the management groups of its portfolio business and a concentrate on structure worth together with management by leveraging the substantial resources readily available through the Accel-KKR network. Accel-KKR concentrates on middle-market business and offers a broad series of capital options, consisting of buyout capital, minority-growth financial investments, and credit options. Accel-KKR likewise invests throughout different deal types, consisting of personal business recapitalizations, divisional carve-outs and going-private deals. For 3 successive years in between 2019 and 2021, Inc. has actually called Accel-KKR amongst “PE 50: The Very Best Personal Equity Companies for Business Owners”, a yearly list of founder-friendly personal equity companies. Accel-KKR’s head office remains in Menlo Park, with workplaces in Atlanta and London. See accel-kkr. com for more information.