Salt Group
Salt Group is an Australian-founded IT security firm providing identity, authentication, and transaction-signing solutions to banks, payment processors, and government agencies across Australia, EMEA, and South East Asia.
- Company typePrivate
- Founded2002
- HeadquartersMelbourne, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Salt Group does
Salt Group Pty Ltd is an Australian privately-held IT security company founded in 2002 and headquartered in Melbourne, with a wholly-owned EMEA subsidiary (Salt Cybersecurity) serving the UK and European markets. The company provides identity and authentication security built around its Safetronic platform, which acts as a single trust anchor for multi-factor authentication, transaction signing, eKYC (via the Positronic identity token), and protection of high-value B2B corporate payments. Safetronic has been embedded in UK payment infrastructure since 2002, securing BACS, Faster Payments, CHAPS, and Faster Cheques across 20+ member banks, and the firm extends this trust model into AI/RAG governance through the Safetronic AI Trust Gateway.
The core technology stack combines PKI-based transaction authentication, multi-factor authentication (EMV CAP, OATH, Salt Mobile tokens, biometrics, SMS/Email OTP), HSM integration (Entrust nShield), credential lifecycle management (Intercede MyID), and an in-house eKYC pipeline with on-premise OCR, liveness detection, and biometric face-to-photo matching. Salt also operates an Advanced Solutions Group providing professional services around HSM deployment, key ceremonies, CodeSafe development, BYOK/Cloud HSM integration, and PCI-DSS/PSD2/SCA compliance work. Recent product additions include Safetronic Echidna Edition (a lightweight virtual appliance for IAM integration via OIDC/RADIUS/ADFS) and the AI Trust Gateway for RAG knowledge provenance.
Salt operates a B2B enterprise go-to-market with direct sales across Australia/Asia Pacific and EMEA plus channel resellers in Indonesia (PT Berlian Inti Teknologi, Square Gate One). Revenue is generated through subscription software licensing, third-party product resale (Entrust nShield HSMs, Thales Vormetric, Intercede MyID, Feitian tokens), and professional services delivered by the Advanced Solutions Group, with pricing quoted on an annual basis. The customer base is concentrated in financial services (banks, payment processors) and government (law enforcement, smartcard programs), with sales teams covering ANZ, EMEA, and South East Asia.
Salt Group firmographics
Firmographics- Name
- Salt Group
- Legal name
- Salt Group Pty Ltd
- Website
- https://saltgroup.com.au
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Salt Group is an Australian-founded IT security firm providing identity, authentication, and transaction-signing solutions to banks, payment processors, and government agencies across Australia, EMEA, and South East Asia.
- Ownership category
- akta.pro rank
Salt Group industry classification
Industry- Product category
- Identity and Access Management Security
- NAICS
- Security Systems Services (except Locksmiths) (561621)
- akta.pro primary industry
- Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers) (HDAEAJAB)
- akta.pro secondary industry
- Device Identity & Certificate-Based Authentication (PKI) (BPAMAEAL)
Keywords
Where Salt Group is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices2 records
Markets served
Salt Group business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Products: Revenue from proprietary security software products including Safetronic authentication platform, Salt Mobile tokens (mSign, mCode), Positronic eKYC, and third-party security products. Products sold as licenses with ongoing support and maintenance.
- Professional Services: Advanced Solutions Group (ASG) provides professional services for deployment and integration of HSMs, cryptography, PKI, identity management, smartcard management, mobile payment systems, and data protection. Includes consulting, implementation, and training services.
- Entrust Authorized Training: Certified training courses delivered through Entrust Authorised Training Centre program for Entrust Certified Systems Engineer (ECSE) certification.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing and professional services |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Salt Group product offering
Product offeringCore offering
Salt Group provides identity and authentication security software through its Safetronic enterprise platform and Salt Mobile token family, enabling multi-factor authentication, eKYC identity verification, and cryptographic transaction signing for B2B corporate payments. The company also resells Entrust nShield HSMs, Intercede MyID credential management, and Thales Vormetric data encryption, and delivers professional services through its Advanced Solutions Group for HSM deployment, PKI integration, and Entrust Authorized Training.
Product overview
Salt Group offers a unified cybersecurity platform built around its core Safetronic enterprise authentication platform, complemented by Salt Mobile security tokens (mSign, mCode, Positronic eKYC, and Mobile SDK) for identity verification and transaction authentication. Safetronic serves as the central trust anchor providing multi-factor authentication across all digital channels, protecting high-value B2B payments, and supporting PSD2/SCA compliance. The AI Trust Gateway extends these capabilities into enterprise AI and RAG systems. Third-party products include Entrust nShield HSMs, Intercede MyID, and Thales Vormetric, which Salt Group resells and integrates.
Differentiator
Problem solved
Functional benefit
Brands
- Safetronic: Enterprise grade security platform providing a single trust anchor for authentication of user identities and transactions across all digital channels and protection of high value B2B corporate payments.
- Salt Mobile
- Positronic
- Salt mSign
- Salt mCode
Products and services
- Safetronic Platform Enterprise-grade security platform providing a single trust anchor for authentication of user identities, transactions, and protection of high-value B2B payments across all digital channels. Supports MFA methods including EMV CAP, PKI, OATH tokens, biometric authentication, and PSD2/SCA compliance.
- Salt mSign Connected Token Contemporary mobile security 2FA token for authentication of user identity and verification of transactions independent of the delivery channel. Supports biometric authentication and transaction signing with dynamic linking of transaction context, PSD2/SCA compliant.
- Positronic eKYC Identity token that captures identity information through OCR from photo ID documents such as driver's licenses and national ID cards, with liveness binding through biometric face-to-photo matching. Data sovereignty retained using in-house liveness, biometric matching, and OCR technology.
- Salt mCode Offline Token Traditional 2FA security token for verifying user identities to access online services using contemporary biometric methods. Generates One Time Passwords (OTPs) and Challenge/Response codes.
- Safetronic AI Trust Gateway Extends the Safetronic platform's trust model into enterprise AI and RAG systems. Enables organisations to apply explicit governance, cryptographic provenance, and human authorisation to the knowledge used by AI, built on Safetronic's PKI, HSM, and Salt Mobile MFA capabilities.
- Entrust nShield HSMs Hardened, tamper-resistant Hardware Security Modules providing secure cryptographic processing, key generation, key protection, and encryption. Available in Connect XC, Solo XC, and Edge FIPS 140-2 certified form factors. Resold by Salt Group in Australia and New Zealand.
- Intercede MyID Best-in-breed credential management system for enterprises and government to issue digital credentials on smartcards, virtual smartcards, and hardware tokens, with full lifecycle management including PIV card deployment.
- Thales Vormetric Data Encryption Data encryption and tokenisation with dynamic data masking providing a single data security platform for securing sensitive data across servers spanning data centres, clouds, big data, and container environments with centralised policy and key management. Resold by Salt Group in Australia and New Zealand.
- Advanced Solutions Group (ASG) Professional Services Professional services for deployment and integration of HSMs, cryptography, PKI, identity management, smartcard management, mobile payment systems, and data protection. Includes consulting, implementation, and training services delivered to government and banking sector customers globally.
- Entrust Authorised Training (ECSE Certification) Certified training courses delivered through Salt Group's Entrust Authorised Training Centre program for Entrust Certified Systems Engineer (ECSE) certification.
Quantifiable outcome
- Safetronic protects UK BACS, Faster Payments, CHAPS, and Faster Cheques payment systems since 2002
- +1 more outcomes
Companies that use Salt Group
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Salt Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
AI capability4 records
Feature6 records
Salt Group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- EntrustcoreSalt Group is a reseller of Entrust nShield HSMs in Australia and New Zealand. Entrust provides cryptographic solutions securing cloud, IoT, blockchain, digital payments, and helps meet compliance mandates. Partnership enables Salt Group to offer hardened, tamper-resistant HSM solutions with FIPS 140-2 certification.
- Thales e-SecuritycoreSalt Group is a reseller of Thales Vormetric Data Encryption and Tokenisation products in Australia and New Zealand. Thales provides data protection solutions securing sensitive information across traditional, virtualized, and cloud-based infrastructures.
- IntercedecoreIntercede specialises in identity and credential management software enabling organisations to create and use trusted digital identities. Their MyID product manages millions of identities for US and UK governments and large corporations. Integration with Salt Group's authentication platform for smartcard lifecycle management.
- Feitian TechnologiesminorFeitian specialises in OATH hardware tokens, contact and contactless smart-cards, EMV chips, and payment terminals. Salt Group resells Feitian OATH hardware security tokens in Australia.
- PT Berlian Inti Teknologi (BIT)corePT Berlian Inti Teknologi is a member of Lautan Berlian Group and provider of IT services with vision to be leading provider of innovative IT solutions regionally. Located in Tangerang, Indonesia. Reseller of Salt Group products in Indonesia.
- Square Gate OnecoreLeading technology integration company in Indonesia providing industry-based integrated channels that streamline digital payments from Principle, Distributors and Retailers through End Consumers. Located in Alam Sutera, Tangerang, Indonesia.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Salt Group competitors and assessment
Company assessmentBroad incumbents
- Duo Security (Cisco): Duo Security, now part of Cisco, offers cloud-based MFA and zero-trust authentication used by enterprises and some financial institutions, competing with Safetronic's adaptive MFA and SSO federation capabilities.
- Thales: Thales (e-Security) is a global incumbent in HSMs (Luna, payShield), data encryption (Vormetric), and digital identity - overlapping with both Salt's HSM professional services and authentication platform. Salt is a Thales reseller in ANZ, making Thales both partner and competitor at the platform layer.
- Auth0 (Okta): Auth0 provides customer identity and authentication APIs used by financial services and enterprise applications, comparable to Salt's eKYC and developer-friendly authentication services but at significantly larger scale.
- Okta: Okta is a leading cloud identity platform offering SSO, MFA, and adaptive authentication that competes with Safetronic's authentication and SSO/federation features (OIDC, SAML). Okta serves enterprise and government customers globally with much larger scale.
Direct peers
- Entrust: Entrust provides PKI, HSMs (nShield), identity, and authentication solutions that directly overlap with Salt's Safetronic platform and HSM reseller business. Entrust is a core channel partner but also a competitor in the same enterprise/government RFPs.
- OneSpan: OneSpan (formerly Vasco) provides authentication, transaction signing, and e-signature solutions for banks, directly competing with Safetronic's transaction authentication and PSD2/SCA offerings. Both vendors support legacy DigiPass-style hardware tokens as well as mobile authenticators.
- Intercede: Intercede provides MyID credential management software for issuing and managing digital identities on smartcards and virtual smartcards - a direct technology overlap with Salt's PKI and credential lifecycle management. Intercede is also a Salt integration partner.
- HID Global: HID Global specializes in PKI-based smartcard credentials, digital identity, and strong authentication for governments and enterprises, directly comparable to Salt's smartcard credential management and PKI authentication capabilities.
Regional players
- Feitian Technologies: Feitian manufactures OATH hardware tokens, smartcards, EMV chips, and payment terminals - directly comparable to Salt's hardware token reselling and MFA offerings. Feitian is a Salt channel partner in Australia.
Emerging players
- Yubico: Yubico manufactures hardware authentication tokens (YubiKey) and is a leading force behind FIDO2/passkeys - overlapping with Salt's hardware token and MFA offerings but pushing the market away from PKI toward passwordless authentication.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Salt Group social profiles
Digital presenceSalt Group compliance and trust
Trust signalCompliance1 record
Salt Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Salt Group leadership team
Management profileNumber of profiles
Profiles6 records
Salt Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
Salt Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Salt Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Salt Group
What does Salt Group do?
Salt Group provides identity and authentication security software through its Safetronic enterprise platform and Salt Mobile token family, enabling multi-factor authentication, eKYC identity verification, and cryptographic transaction signing for B2B corporate payments. The company also resells Entrust nShield HSMs, Intercede MyID credential management, and Thales Vormetric data encryption, and delivers professional services through its Advanced Solutions Group for HSM deployment, PKI integration, and Entrust Authorized Training.
Is Salt Group a public or private company?
Salt Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Salt Group founded?
Salt Group was founded in 2002. It employs 11 to 50 people.
Where is Salt Group based?
Salt Group is headquartered in Melbourne, Australia, in the Oceania region.
How does Salt Group make money?
Three revenue lines are on record. Software Products are the primary driver. The others are professional Services and entrust Authorized Training.
Who are Salt Group's main competitors?
Broad incumbents on record are Duo Security (Cisco), Thales, Auth0 (Okta) and Okta. Direct peers are Entrust, OneSpan, Intercede and HID Global. Feitian Technologies is listed as a regional player. Yubico is listed as an emerging player.
Does Salt Group have an API?
Yes. Salt Mobile SDK allows embedding Salt mSign and Salt mCode standalone security token capabilities within existing mobile apps to enable traditional offline OTPs for 2FA and contemporary biometric connected MFA verification of user identity for access control and transaction verification. The Safetronic platform supports authentication services via Web Services, OIDC, RADIUS, or ADFS interfaces. Echidna Edition includes web-based consoles for Administration and User Self-Service for Token Lifecycle and User Management capabilities available as APIs for interfacing with organisation's User Management Systems.
What industry is Salt Group in?
Salt Group's product category is Identity and Access Management Security. Its primary akta.pro industry code is HDAEAJAB, Single Sign-On (SSO) & Federation (SAML/OIDC, Identity Providers), with a secondary code of BPAMAEAL, Device Identity & Certificate-Based Authentication (PKI). Its NAICS code is 561621.