Ektar offers a modular, API‑first suite that helps banks modernize digital channels with secure, password‑less authentication, cryptographic document verification, and rapid‑deployment mobile and internet banking platforms. Its ekShield SDK replaces costly SMS OTPs with device‑bound cryptography and adaptive risk‑based checks, while ekVerify adds tamper‑proof QR‑code signing for instant document validation. The ekBank accelerator and ekSell distribution platform enable banks to launch scalable digital experiences and embed financial products across retail and fintech ecosystems, reducing fraud and acquisition costs.
Funding
Funding not disclosed
Founders
Product
Problem
Banks face rising digital fraud, costly SMS OTP infrastructure, and fragmented authentication experiences that erode customer trust and increase operational expenses. Additionally, document fraud threatens the integrity of banking communications, requiring secure, verifiable processes without disrupting existing workflows.
Solution
Ektar provides a suite of modular, API‑first products that enable banks to modernize their digital channels securely and efficiently. ekShield replaces SMS OTPs with cryptographic device binding, adaptive risk‑based authentication, and runtime application self‑protection, delivering a unified, password‑less login across mobile and web. ekVerify adds a cryptographic signing engine that embeds tamper‑proof QR codes into documents, allowing instant verification via any smartphone while maintaining compliance with regional regulations. ekBank offers a cloud‑native, white‑label mobile and internet banking platform that accelerates go‑to‑market with scalable, personalized user experiences. ekSell connects banks to retail and fintech ecosystems through an SDK and algorithmic product‑matching, expanding distribution and reducing customer acquisition costs. Together, these solutions create a secure, seamless, and cost‑effective digital banking ecosystem.
Target Audience
Primary customers are retail and commercial banks seeking to upgrade authentication, reduce fraud, and launch digital banking services, as well as financial institutions looking to expand product distribution through retail and fintech partners.
Features
- ekShield SDK provides cryptographic device binding, soft‑token generation, and RASP for real‑time threat protection
- Unified, API‑first authentication layer supports MFA, risk‑based decisions, and offline token usage
- ekVerify cryptographic signing (ECDSA P‑256, SHA‑256) generates tamper‑proof QR codes with instant scan verification
- Seamless integration via single REST calls; no workflow changes required for document signing
- ekBank cloud‑native architecture delivers rapid deployment of mobile/web banking with real‑time processing and data‑driven insights
- ekSell B2B2C platform embeds banking products in retail ecosystems using SDK, algorithmic product matching, and A/B testing
- Comprehensive audit trails, compliance reporting, and regulatory‑ready features (e.g., UAE Pass integration)