27four Investment Managers is pleased to announce that its flagship venture capital vehicle, the 27four Nebula Fund, has made a significant investment in Entersekt, a global leader in digital banking fraud prevention and payment security solutions.
This investment marks a pivotal moment for both organisations. Entersekt, founded in Stellenbosch in 2010, has rapidly established itself as a trusted provider of advanced authentication technologies, securing over 2.5 billion transactions annually for more than 850 financial institutions across nearly 70 countries. The company’s innovative Context Aware™ Authentication platform and its recent acquisition of Modirum’s 3-D Secure software business have positioned it as a global industry leader in financial security.
The 27four Nebula Fund, launched in May 2023 with a capital base of R350 million, is dedicated to empowering high-growth companies that leverage technology and innovation to address critical societal challenges. The fund’s investment strategy focuses on scalable, disruptive businesses with proven market concepts and a strong potential for positive social impact. Entersekt’s track record of delivering secure, user-friendly digital banking experiences aligns perfectly with Nebula’s mission to back technology-driven solutions that improve lives.
Tishanya Naidoo, Principal at 27four Nebula Fund, commented, “Entersekt exemplifies the type of innovative, high-impact business we seek to support. Their technology not only addresses the pressing need for secure digital transactions but also demonstrates the scalability and global relevance we value in our portfolio companies.”
Schalk Nolte, CEO of Entersekt, added, “We are excited to welcome 27four Nebula Fund as a strategic partner. Their support will accelerate our global expansion and help us continue to set the standard for digital security in financial services.”
This investment further cements 27four Nebula Fund’s role as a catalyst for growth in Africa’s technology sector, while supporting Entersekt’s mission to redefine digital security worldwide.
For more information on the 27four Nebula fund or Entersekt, please contact us at privatemarkets@27four.com.