Tagit is a Singapore-based digital solutions company specializing in omnichannel digital engagement platforms for financial institutions and government agencies. Founded in 2004, Tagit has established itself as a leader in the digital banking sector, offering innovative solutions that enhance user experience and operational efficiency.
Background
Tagit's mission is to empower organizations in their digital transformation journeys by providing secure, scalable, and user-friendly digital engagement platforms. The company's flagship product, Mobeix, integrates seamlessly with clients' existing IT infrastructures, delivering business services across multiple channels, including mobile, web, wearables, and conversational interfaces. This approach ensures a consistent and engaging user experience, reinforcing Tagit's significance in the digital banking industry.
Key Strategic Focus
Tagit's strategic focus centers on delivering comprehensive digital banking solutions that cater to both retail and corporate clients. The company specializes in:
- Omnichannel Digital Engagement: Ensuring a unified user experience across various platforms.
- Secure and Scalable Platforms: Developing solutions that prioritize security and scalability to meet the demands of modern enterprises.
- Innovative User Experience: Designing interfaces that enhance user engagement and satisfaction.
Tagit's primary markets include Asia, the Middle East, and Africa, where it collaborates with leading banks and government agencies to implement digital transformation strategies.
Financials and Funding
As of March 2025, Tagit reported annual revenues between $50 million and $100 million. The company has secured funding through various rounds, including a Series A round in April 2017, raising approximately $1.28 million. Notable investors include the SRA Group. The capital raised has been utilized to enhance product offerings, expand market reach, and invest in research and development initiatives.
Technological Platform and Innovation
Tagit's proprietary digital engagement platform, Mobeix, is a cornerstone of its technological innovation. Mobeix offers:
- Omnichannel Integration: Seamless connectivity across mobile, web, wearables, and conversational interfaces.
- Security and Compliance: Adherence to industry standards, including PA-DSS certification, ensuring secure transactions.
- Scalability: Ability to handle high transaction volumes, supporting over $100 billion in transactions annually.
These features position Mobeix as a leading solution in the digital banking landscape.
Leadership Team
Tagit's leadership comprises experienced professionals dedicated to driving the company's vision:
- Sandeep Bagaria: Chief Executive Officer and Board Member, leading strategic initiatives and overall company direction.
- Navtej Singh: Co-Founder, Director, and Board Member, instrumental in the company's founding and ongoing strategic planning.
- Pierre Hennes: Director and Board Member, contributing to corporate governance and strategic oversight.
- Sajjad Akhtar: Chairman, providing leadership and guidance to the board and executive team.
Competitor Profile
Tagit operates in a competitive digital banking solutions market, with key competitors including:
- Backbase: A private equity-backed company based in Amsterdam, specializing in digital banking platforms.
- Dexatel: A venture capital-backed firm in Tallinn, Estonia, offering communication solutions for businesses.
- SAP: A global corporation headquartered in Walldorf, Germany, providing enterprise software solutions.
These competitors focus on various aspects of digital engagement and banking solutions, contributing to a dynamic and evolving market landscape.
Strategic Collaborations and Partnerships
Tagit has established significant partnerships to enhance its market position and innovation capacity:
- Experion Technologies: In February 2025, Tagit partnered with Experion Technologies to optimize digital banking solutions.
- Mambu: In February 2024, Tagit collaborated with Mambu to provide integrated core and digital banking solutions for the Middle East and Africa region.
- Emirates Development Bank: In May 2024, Tagit developed a Cash Management online portal for Emirates Development Bank's business clients.
These collaborations underscore Tagit's commitment to delivering comprehensive and innovative digital banking solutions.
Operational Insights
Tagit's strategic considerations include:
- Market Positioning: Focusing on emerging markets in Asia, the Middle East, and Africa to capitalize on digital banking growth opportunities.
- Competitive Advantages: Leveraging Mobeix's scalability, security, and omnichannel capabilities to differentiate from competitors.
- Client-Centric Approach: Tailoring solutions to meet the unique needs of financial institutions and government agencies, fostering long-term partnerships.
Strategic Opportunities and Future Directions
Looking ahead, Tagit aims to:
- Expand Market Reach: Enter new geographic regions to broaden its client base.
- Enhance Product Offerings: Invest in research and development to introduce new features and services within the Mobeix platform.
- Strengthen Partnerships: Forge new alliances to enhance technological capabilities and market presence.
By building on its current strengths, Tagit is well-positioned to achieve these objectives and continue its growth trajectory.
Contact Information
- Website: www.tagitmobile.com
- LinkedIn: Tagit on LinkedIn
For further inquiries, please visit the company's official website.
