STOCK TITAN

SEKUR PRIVATE DATA LTD - SWISF STOCK NEWS

Welcome to our dedicated page for SEKUR PRIVATE DATA news (Ticker: SWISF), a resource for investors and traders seeking the latest updates and insights on SEKUR PRIVATE DATA stock.

Sekur Private Data Ltd. (SWISF) is a cybersecurity and Internet privacy provider offering Swiss hosted solutions for secure and private communications. The company distributes encrypted emails, secure messengers, and communication tools, ensuring data privacy adherence to Swiss federal laws.

With a focus on data security and privacy, Sekur distinguishes itself by hosting data exclusively in Switzerland, known for its stringent privacy laws. The company's SekurRelay Enterprise Email Solution and SekurVPN set new industry standards by employing proprietary infrastructure and Swiss-hosted services.

Sekur also offers SekurMessenger, featuring the innovative 'Chat-By-Invite' technology, allowing secure communication without the need for downloads or registrations. The company's strict data privacy standards aim to protect users against data exploitation and surveillance by major tech platforms.

To know more about Sekur and its privacy solutions, visit their website.

Rhea-AI Summary

Sekur Private Data has closed a second tranche of its non-brokered private placement, raising CA$433,588.98 through the issuance of 12,752,617 units at CA$0.034 each. Each unit includes one common share and one warrant, with warrants exercisable at CA$0.055 for 24 months. Combined with the first tranche, total proceeds reached CA$1,395,452.92 from 41,042,733 units. Finders' fees of CA$32,214.90 were paid in cash. The company plans to use proceeds for marketing its privacy communications solutions in the United States and general purposes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.22%
Tags
private placement
-
Rhea-AI Summary

Sekur Private Data (OTCQB: SWISF) announced it will accept cryptocurrencies for its privacy communications solutions starting in 2025. This move aims to enhance user privacy and security, particularly targeting the crypto, gaming, and financial industries. Sekur's platform offers Swiss-hosted privacy solutions, independent of third-party big-tech services, ensuring high data protection. The initiative aligns with the increasing demand for secure communications amid rising cyber threats. CEO Alain Ghiai highlighted the potential for rapid sales growth by catering to crypto users with trusted, anonymous payment methods. Switzerland's strict Federal Act on Data Protection further supports Sekur's commitment to data privacy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.69%
Tags
none
-
Rhea-AI Summary

Sekur Private Data has announced a strategic partnership with NachoNacho, the world's largest SaaS and professional services marketplace. Through this collaboration, Sekur will offer its Swiss-hosted privacy and cybersecurity solutions, including SekurMail, SekurMessenger, and SekurVPN, to over 200,000 businesses on the NachoNacho platform. This partnership is part of Sekur's strategy to expand distribution of its privacy solutions through B2B partners and cloud platforms, targeting small and medium-sized businesses (SMBs) and startups seeking robust cybersecurity tools.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.09%
Tags
partnership
Rhea-AI Summary

Sekur Private Data (OTCQB: SWISF) has announced its expansion into Latin America and the Caribbean, targeting a market of over 4 million businesses. The company plans to complete its enterprise version of Swiss-hosted SekurMail and SekurMessenger by Q4 2024. Sekur is expanding through partnerships in countries including Mexico, Colombia, El Salvador, Guatemala, and the Dominican Republic.

Distribution channels include America Movil's Telcel and Claro networks, with SekurMessenger featured on Telcel's website. In Colombia, Sekur has partnered with Grupo Micronet. The company expects its Enterprise solution to be available to large corporations and government entities across its markets.

Sekur has also announced the termination of its LOI with Cuentas Inc. due to unfulfilled terms. However, the company has secured alternative funding through a private placement, with the first tranche of CA$961,863 (US$712,000) closed on September 12, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.06%
Tags
none
-
Rhea-AI Summary

Sekur Private Data (OTCQB: SWISF) has announced the closing of the first tranche of its non-brokered private placement, raising $961,863.94. The company issued 28,290,116 units at $0.034 per unit, with each unit comprising one common share and one full common share purchase warrant. The warrants allow holders to purchase additional shares at $0.055 for 24 months following the closing.

Sekur plans to use the proceeds for marketing its privacy solutions in the United States, launching Sekur Enterprise in Q4 2024, and for general purposes. This funding aims to support the company's growth in the cybersecurity and privacy communications platform market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
private placement
-
Rhea-AI Summary

Sekur Private Data (OTCQB: SWISF), a Swiss-hosted cybersecurity and privacy communications platform, has announced a non-brokered private placement to raise up to CA$1,700,000. The company plans to issue up to 50,000,00,000 units, each priced at CA$0.034 and consisting of one common share and one full share purchase warrant. Each warrant allows the holder to purchase a common share at CA$0.055 for 24 months from the closing date.

The net proceeds from this private placement will be used for working capital and general purposes. This move aims to strengthen Sekur's financial position and support its operations in the competitive cybersecurity and privacy communications sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
Tags
private placement
Rhea-AI Summary

Sekur Private Data has launched the Sekur Business Referral Program to expand its user base and drive sales through business partners and large networkers. The initiative is expected to help the company achieve profitability by the end of 2024. Partners in various sectors such as finance, real estate, and legal services will receive a percentage of the sales they refer. Sekur has already secured its first U.S. partner and plans to launch a targeted campaign in June 2024. Another referral program for existing users will start in July 2024. The company aims to reach 10,000 users by the end of the year, leveraging its proprietary communication technologies like SekurMail, SekurSend, and SekurRelay.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Sekur Private Data (OTCQB: SWISF) is entering the Telecom and Fintech markets with a strategic agreement with Cuentas, Inc., receiving over $5 million in capital contributions. The partnership aims to boost profitability through marketing, sales initiatives, software development, and customer care enhancements. Sekur will acquire M&M Telecom, integrating Swiss-hosted security solutions into Cuentas Mobile services, focusing on security and confidentiality for corporate and retail users.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.03%
Tags
none
-
Rhea-AI Summary
Sekur Private Data announces the launch of the Sekur Referral Program to increase sales and reduce Customer Acquisition Cost. The program targets professionals and existing users to refer new clients and friends, offering incentives such as sales percentage and subscription extensions. The company aims to achieve cost reductions and become cash flow neutral with 1,000 new users by December 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.26%
Tags
none
Rhea-AI Summary
Sekur Private Data announces the launch of an advanced marketing initiative utilizing AI and automation to boost enterprise sales and revenue growth. The company aims to target cybersecurity decision-makers with personalized messaging and optimized sales strategies. Sekur plans to develop a channel partner program to expand its reach and has already secured agreements with key partners like IngramMicro.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.03%
Tags
AI

FAQ

What is the current stock price of SEKUR PRIVATE DATA (SWISF)?

The current stock price of SEKUR PRIVATE DATA (SWISF) is $0.0218 as of December 20, 2024.

What is the market cap of SEKUR PRIVATE DATA (SWISF)?

The market cap of SEKUR PRIVATE DATA (SWISF) is approximately 3.6M.

What sets Sekur Private Data apart from other companies?

Sekur distinguishes itself by strictly adhering to Swiss federal laws on data privacy, ensuring data is hosted exclusively in Switzerland to protect users from data exploitation by major tech platforms.

What are some of the products offered by Sekur?

Sekur offers a range of products including SekurRelay Enterprise Email Solution, SekurVPN, and SekurMessenger with innovative 'Chat-By-Invite' technology for secure communication without app downloads.

How does Sekur protect user data?

Sekur employs proprietary infrastructure and Swiss-hosted services to ensure unparalleled data protection. The company treats users' IP addresses as private property, making data harvesting a criminal offense under Swiss legislation.

What is the focus of Sekur's Business Referral Program?

Sekur's Business Referral Program aims to drive sales through business partners by offering a percentage of sales to partners referring Sekur to their client base, accelerating sales and reducing customer acquisition costs.

How can businesses benefit from Sekur's solutions?

Businesses can benefit from Sekur's secure and private communication tools to protect sensitive data, counter BEC attacks, and ensure compliance with data privacy regulations, making it an ideal solution for enterprises worldwide.

SEKUR PRIVATE DATA LTD

OTC:SWISF

SWISF Rankings

SWISF Stock Data

3.63M
109.05M
25.68%
Software - Application
Technology
Link
United States of America
Toronto