Blog

Wultra, founded three years ago by Petr Dvořák, protects the Internet and mobile applications of leading banks and FinTech. The company prepares for rapid international expansion and secures tens of millions of Czech crowns in the investment round led by J&T Ventures.

We are thrilled to announce that our Mobile Token solution is now available on Microsoft Azure Marketplace. Thanks to this offer and simplified integration APIs, financial organizations worldwide can now deploy our industry-leading passwordless authentication in a significantly shorter time.

Huawei, a global provider of ICT infrastructure and smart devices, has been in a negative spotlight lately. Many national security agencies have flagged this company as a potential security risk, with some countries imposing sanctions to impede Huawei’s operations. Banks are considered critical infrastructure in most states. As a result, they need to evaluate their approach to Huawei, especially in the context of smartphones and portable devices their customers use to access digital banking. At the same time, they cannot merely ignore Huawei because it is currently the biggest smartphone vendor with a global smartphone market share of approximately 20%.

Finshape and Wultra strengthen its technology partnership to accelerate the synergies and further business expansion. Wultra’s innovative security components are a great asset for Finshape's products, with Mobile Token now being fully integrated into Digital Bank OS and easily available to all clients with Finshape's banking platform.