Skaleet (formerly named TagPay) is a

digital banking Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by diff ...

platform created by the

French French (french: français(e), link=no) may refer to: * Something of, from, or related to France ** French language, which originated in France, and its various dialects and accents ** French people, a nation and ethnic group identified with France ...

company TagPay. The software is used by banks,

telecom Telecom may refer to: * Telecommunications ** A telephone company (or ''telecommunications service provider'') ** The telecommunications industry * Telecom Animation Film, a Japanese studio See also * Telcom (disambiguation) * Telekom (disambigu ...

operators, and other players to offer digital financial services to their clients. Skaleet uses sound-based

Near Sound Data Transfer Near Sound Data Transfer (NSDT) is a sound-based mobile transaction technology developed and patented by Tagattitude since 2005. NSDT uses a one time password sent through the audio channel of a mobile device to create an electronic signature enabl ...

(NSDT) technology to secure electronic transactions. Skaleet's target markets are in

emerging economies An emerging market (or an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards. This includes markets that may become developed markets in the future or were ...

. The company receive
€25 M in funding
from Long Arc Capital at the beginning of 2021.

Applications

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.

References

{{France-company-stub Mobile payments