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Skaleet

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(Redirected from Tagpay)
Skaleet
Founded2005; 19 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.[2]

Skaleet uses sound-based Near Sound Data Transfer (NSDT) technology to secure electronic transactions. Skaleet's target markets are in emerging economies.[3][4]

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.[5] In 2023, the company joined the Banking Industry Architecture Network (BIAN) which helps to promote a common framework for banking technology.[6]

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.[7]

References

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  1. ^ "Tagattitude Launches "NFC2.0" Technology (And No, It's Not Actually NFC)". 12 October 2011.
  2. ^ "Skaleet: Pwering the Future of Core Banking with SaaS Innovation". Banking CIO Outlook. 2024.
  3. ^ "TagPay / NSDT : Le paiement mobile par signal audio crypté" [Mobile payment by encrypted audio signal] (in French). Generation NT. December 7, 2010.
  4. ^ "Digital lending is the next horizon for Africa's banks, says Skaleet CEO". African Business. December 3, 2021.
  5. ^ "TagPay rebrands as Skaleet!". Skaleet. October 18, 2021.
  6. ^ "Core Banking: Skaleet Joins BIAN to Promote a Common Framework Through a Coreless Banking Approach". Financial IT. June 21, 2023.
  7. ^ "Next-Gen Core Banking System". Skaleet. Retrieved December 17, 2024.