Selected 2015

Entersekt

  • Country South Africa
  • Lead Investor Rand Merchant Investment Holdings (RMI)
  • Industry Enterprise Software & Services
  • Investment Date August 2017

Description

Entersekt is a South Africa-based financial technology business focused on authentication and mobile security solutions. Founded in 2008 by brothers Schalk Nolte and Dewald Nolte, Entersekt has grown to become a leading player in “push-based” authentication and app security, serving blue-chip clients in North America, Europe, and Africa. Providing financial services companies and their customers with full protection from online fraud, Entersekt’s patented security products protect millions of devices and transactions daily, while complying with the world’s most stringent regulatory guidelines.

Other info

In the past five years, RMI has established itself as the preeminent equity partner to some of South Africa’s most well-known entrepreneurs in the financial services and insurance sectors, including Endeavor South Africa board chairman Adrian Gore (CEO of Discovery) and his fellow Endeavor South Africa board member Willem Roos (Joint CEO of Outsurance). We hope that – as the 1st Endeavor Catalyst investment in South Africa – Schalk, Dewald and Entersekt will follow-in the footsteps of these South African entrepreneurial icons!

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