Skaleet

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Skaleet
Founded2005; 21 years ago (2005)
Country of originFrance
URL

Skaleet (formerly named TagPay) is a digital banking platform or SaaS based core banking system created by the French company TagPay.[1] The software is used by banks, telecom operators, and other players to offer digital financial services to their clients.[citation needed]

Skaleet uses sound-based Near Sound Data Transfer (NSDT) technology to secure electronic transactions. Skaleet's target markets are in emerging economies.[2][3]

History

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The platform was created by the French company TagPay in 2005.

The company received €25million in funding from Long Arc Capital at the beginning of 2021 to develop its product.[4] In 2023, the company joined the Banking Industry Architecture Network (BIAN) which helps to promote a common framework for banking technology.[5]

Applications

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Skaleet can be used by smart phones and supports a variety of mobile money services.

As of 2021, over 30 digital financial service providers use the Skaleet platform to offer their customers financial services through their mobile phones.[6]

References

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