Skaleet

Skaleet

Founded	2005;20 years ago (2005)
Country of origin	France
URL	tagpay.fr/en/ and skaleet.com/en/

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

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

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

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

References

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