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Digatrade Financial Corp (OTC PINK:DIGAF) provided a corporate update highlighting its strategic investment and licensing agreements with Securter Systems. Recently, Securter was selected as one of 16 startups in the Paytech Call Initiative 2022, enhancing its credibility in the Canadian Paytech landscape. Digatrade holds exclusive licenses for sales and marketing rights in South America and the UK. The UK market expects significant growth in digital payments. The press release also mentions Securter's progress towards its IPO, with the prospectus currently under review.
Digatrade Financial Corp (OTC PINK:DIGAF) has announced a change of auditors from WDM CPA LLP to Harborside CPA LLP, effective January 28, 2022. The former auditor resigned as of January 27, 2021. The board has deemed the change appropriate and has filed all necessary documentation with Sedar. Importantly, there were no reservations in the former auditor's reports on the Company's financial statements, indicating compliance and transparency. Digatrade, based in Vancouver, is focused on fintech solutions, including online payment systems in South America and blockchain applications.
Digatrade Financial Corp. (OTC PINK:DIGAF) has provided a shareholder update regarding its equity investment partner, Securter Systems Inc. The company holds a 15.42% stake in Securter with exclusive marketing rights in South America and the UK. Recently, Brad Moynes was appointed as President to oversee the anticipated IPO, with documentation nearing completion. Securter recently closed a crowdfunding campaign raising $53,050 and is offering shares at $0.10 with a warrant option. Detailed disclosures will be available on SEDAR.
Digatrade Financial Corp (OTC PINK:DIGAF) announced a 5-year exclusive sales and marketing agreement with Securter Systems Inc. for the United Kingdom. As a significant equity shareholder in SSI, Digatrade has acquired rights to market and sell SSI's innovative payment processing technology, which is expected to enhance online transaction security and reduce fraud risks. The UK payments market is poised for growth, with a projected increase in online transactions. The deal positions Digatrade to benefit from a revenue-sharing model with SSI's partners, aiming to boost shareholder value.
Digatrade Financial Corp (OTCPK:DIGAF) announced the successful spinout of its subsidiary, Securter Systems Inc. The majority shareholders approved a reverse split of shares and a transition of securities from USD to CAD. Digatrade will retain a 24.08% stake in Securter and has acquired exclusive sales and marketing rights for South America. The spinout is seen as beneficial for both companies, aiming to capitalize on growth in the payment gateway market, projected to rise from USD 17.2 billion in 2019 to USD 42.9 billion by 2025.