Digatrade Financial Corp. (DIGAF)

[LGR]

News update from Securter.

SECURTER PROVIDES SHAREHOLDER UPDATE
“Engagement Letter Signed for IPO”

Toronto, Ontario October 20, 2021 – SECURTER SYSTEMS INC (“SECURTER”), a financial technology company specializing in secure card-not-present (“CNP”) online transactions, today provides the following Shareholder Update.

Mid size national investment firm to Act as Agent for IPO

Securter is pleased to announce that on October 15th, 2021, the Company entered into an Engagement Letter with a top ranked national investment firm to act as Agent for Securter’s Initial Public Offering (“IPO”) on the Canadian Stock Exchange (“CSE”). The Engagement Letter provides terms for an initial raise of up to CDN$1.2 million at $0.15 per share. Securter is now preparing its financial Audit, prospectus and all other documents in advance of its planned IPO on the CSE.

Private Placement Increase

Securter’s will increase its current stock offering up to CDN$500,000.00. Terms of the current Private Placement is a Unit offering at $0.10 per Unit. Each Unit is comprised of one common share and one share purchase warrant exercisable at $0.25 for a period of two years from the closing date. Any current shareholders wanting to expand their position, should contact the Company via email at [e-mail] or by telephone at [phone]


Securter Expands its Key Management Team

Securter is pleased to announce the appointment of Alessandro Sagredo as our CMO (https://www.linkedin.com/in/alessandra-sagredo/). Alessandra will be responsible for all of our Marketing and Sales initiatives and managing our company's internal/external Marketing.
She has previously worked at Via Exhale Marketing (Co-founder), as well as with Fintech companies. Her clients have included Oranj, Simple Pay, Volume Monitor, Saasberry Innovation Labs (in partnership with Elavon), and others.

Also joining our team is Armand Sagredo (https://www.linkedin.com/in/armand-sagredo-506469173/ ) as our CSO. Armand will be responsible for all of our sales initiatives including managing Securter’s internal and external Sales teams.

Alessandra and Armand founded their current company Exhale Marketing & Exhale Consulting, where Armand is a CEO.
Technology Update
The Company is in the advanced stages of its Phase 1 product development, and its PCI DSS certification is nearing completion and will be done during November 2021.
On October 5th-2021, the PCT application was filed for the Securter’s 2nd Phase solution (received at the International Bureau). International Application Number PCT/IB2021/059140

The launch is scheduled for December 2021. The Company will provide its customers with the virtual queue management and payment service (1st Phase payment App) and is working with a product design and marketing agency for the launch preparations. Securter’s initial marketing campaign will encourage merchants to sign up to LineApp at no cost. Securter will introduce its Securter payment App to cardholders via LineApp, who will be invited to download the Securter™ Payment App to use for their online purchases.

Securter™ Payment

Securter is developing a payment processing technology that dramatically reduces the security risks associated with online purchases. The Securter™ Payment App allows consumers to use their credit or debit card directly without having to manually input their confidential card information. Securter’s technology turns a consumer’s mobile phone into their own payment terminal (personal card reader/POS), allowing them to scan (Phase 1) or tap (Phase 2) their credit/debit card on their own phone. After successful completion of the development and certifications of Phase 2 cards would be deemed present (CP) for the online transaction the same way they are when tapped in-person (in-store), allowing merchants to capture electronic data stored on the card and verify the transaction.


Securter expects revenues to commence after the 1st Phase launch and successful Beta Testing is completed. The Company anticipates revenue to grow monthly and further ramp up after Phase 2 (Target Q2-2022). Phase[JR1] 2 will feature the ‘Tap’ and personalized “PIN” added to the technology.