Id Options Supplier Entersekt Raises Funding From Accel-KKR

Cape City-headquartered gadget id and authentication options supplier Entersekt has bagged an funding from Accel-KKR.

In response to a press release, the funding from the technology-focused personal fairness agency will enable the corporate to spice up hiring and enlargement into new markets.

Schalk Nolte, Entersekt CEO

Schalk Nolte

“We’re very excited to have Accel-KKR on board. The business is experiencing a wave of innovation in areas like omnichannel and password-less authentication, 3-D Safe and open banking, all of that are strategic focus areas for Entersekt.


The funding from Accel-KKR will assist us scale our enterprise to achieve extra organisations throughout extra areas with our cloud-first options,”

stated Schalk Nolte, Entersekt CEO.

Entersekt supplies authentication options that safe over a billion transactions each month, the assertion stated. The corporate’s options house buyer registration and authentication, funds, and digital id.

The corporate was based in 2008. Previous to this spherical, it had final raised funding in a Sequence C spherical from RMI and Endeavour Catalyst in 2017 (Crunchbase).

Featured picture: Unsplash (edited)

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