Growing Market Presence Ekata has demonstrated strong recognition within the fintech industry, earning awards such as FinTech of the Year and Best API for Payments, positioning it as a trusted provider for digital identity solutions relevant to financial services and ecommerce sectors.
Strategic Industry Collaborations Recent partnerships, like the alliance with Nigerian identity verification firm Smile ID, highlight Ekata’s focus on expanding digital identity deployment in emerging markets, offering potential sales opportunities for organizations looking to enhance regional identity verification capabilities.
Acquisition Backing Mastercard’s acquisition of Ekata for 850 million dollars emphasizes a significant investment to accelerate digital identity innovations, indicating a solid backing for expansion efforts and increased credibility for selling Ekata's solutions to enterprise clients.
Innovative Product Portfolio Ekata’s launch of solutions such as Merchant Onboarding and the Ekata Identity Engine reveals a commitment to developing tools that meet evolving industry needs, particularly for payment service providers and lenders seeking comprehensive fraud prevention and customer verification capabilities.
Revenue & Industry Alignment With an estimated revenue between 50 and 100 million dollars, Ekata operates in a lucrative market segment aligned with larger players like Experian and TransUnion, offering opportunities for targeted outreach to organizations seeking advanced fraud mitigation and digital identity services.