Sekur Private Stock Price, News & Analysis

Sekur Private Data (OTCQB: SWISF) is preparing to launch its Sekur Corporate Suite, an all-in-one secure communications platform featuring multi-hierarchy and user authorization capabilities for enterprise-level security management. The company operates in the secure mobile communications market, which is projected to grow from $14.5 billion in 2022 to $88.8 billion by 2032, with a CAGR of 19.8%.

The market growth is primarily driven by increasing adoption of BYOD policies in enterprises and the rising demand for encrypted communication solutions across multiple platforms. Sekur has announced plans for uplisting from OTC Markets to Nasdaq by Q2 2025, aiming to improve shareholder liquidity and attract growth capital for future acquisitions.

Sekur Private Data (SWISF) has released a shareholder update outlining its achievements and strategic plans. The company, which operates a Swiss-hosted cybersecurity and privacy communications platform, highlighted its 80% average gross margin and successful subscription-based SaaS model in 2024.

Key initiatives for 2025 include the launch of the Sekur Corporate Suite, a comprehensive solution for businesses featuring multi-hierarchy and user authorization capabilities. The company's services are currently active in over 30 countries, demonstrating global market penetration.

Sekur has announced plans for a Nasdaq uplisting, targeted for completion by the end of Q2 2025. The company has selected an investment banking firm and is finalizing engagement terms. This move aims to enhance shareholder liquidity and secure additional growth capital for future acquisitions.

Sekur Private Data Inc. (OTCQB: SWISF) has announced a strategic partnership with Freedom Square Inc. and 13 Stripes Media to offer Swiss-hosted privacy communications solutions to a combined user base of over 50 million individuals and businesses. The partnership includes promotional campaigns through Freedom Square's website and daily news digest, targeting an initial campaign of 600,000 patriots.

As part of the collaboration, Freedom Square CEO Tom Sodeika will join Sekur's Strategic Advisory Board. Sodeika brings significant experience from his previous role at Precision Payroll of America and current leadership positions at Freedom Square, Freedom Chamber, and 13 Stripes.

The partnership aims to provide privacy-focused communication tools hosted in Switzerland, protected by the Federal Act on Data Protection, offering security against unauthorized data access and processing.

Sekur Private Data (SWISF) has announced a strategic reselling partnership with Code4Cybersecurity to offer Swiss-hosted privacy communications solutions. Code4 will distribute Sekur's suite of products, including SekurMail, SekurMessenger, and SekurVPN, to corporate entities, high-net-worth individuals, and VIPs in the entertainment industry.

Two packages are being launched: the PRIVACY package at US$25/month or US$275/year and the PRIVACY+ package at US$65/month, both including all three Sekur solutions. The partnership aligns with Sekur's B2B distribution strategy through cybersecurity professionals. The solutions are exclusively hosted in Switzerland, protected by the Federal Act on Data Protection, ensuring data remains secure from external access requests.

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.

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.

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.

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.

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.