UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C.
20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the
month of February
2020
Commission File
Number: 000-52145
DIGATRADE FINANCIAL CORP
(Translation of
registrant's name into English)
1500
West Georgia Street, Suite 1300
Vancouver,
BC V6G-2Z6
(Address of
principal executive offices)
Indicate by check
mark whether the registrant files or will file annual reports under
cover Form 20-F or Form 40-F.
[
X ] Form
20-F [ ] Form 40-F
Indicate by check
mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check
mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check
mark whether by furnishing the information contained in this Form,
the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.
Yes
[ ]
No [ x ]
If
"Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):
000-52145
SUBMITTED HEREWITH
DIGATRADE ACTIVATES SECURTER APP DEVELOPMENT WITH EXILION
TECHNOLOGIES INC.
Vancouver,
British Columbia / ACCESSWIRE / February 18, 2020
- DIGATRADE
FINANCIAL CORP (OTCPK: DIGAF),
www.DigatradeFinancial.com a
financial technology services company, and its subsidiary Securter
Systems Inc., have today announced a development agreement with
Exilion Technologies Inc. based in Ontario, Canada.
The terms of the agreement which include an immediate start-date;
are the initial analysis, development of technical architecture and
prototyping. Further development will include the merchant
onboarding website, secure transaction management backend, mobile
application, and administration tools. The development scope
result will be a working version of the Securter Systems patent
pending software application that achieves the goal of our
product.
The project engineering lead is Michael
Shmulevich, CEO of Exilion Technologies. Mr. Shmulevich is a
well-known technology fintech designer and systems strategist. He
has vast experience guiding both start-ups and senior corporate
planners. Mr. Shmulevich has held
top technical management positions at several leading technology
companies, and on May 29, 2019, he was appointed as Securter's
Vice-President of Engineering.
In
recent years, Mr. Shmulevich was involved in producing software
architecture and managing software development for a number of
increasingly sophisticated financial technology projects that
required world-class expertise in trading, risk management,
blockchain and cryptocurrency solutions. His engineering leadership
will contribute to Securter's ambitious patent strategy, namely, to
build upon current patent pending holdings with additional
strategic patent filings.
Further
information will be made available as it materializes.
ABOUT DIGATRADE
DIGATRADE
is a Financial Technology “fintech” services company. Digatrade is
developing various payment industry process improvements that are
proprietary. They represent a next generation platform for security
and convenience in a variety of modalities, including online credit
card payment system, globally, through its new subsidiary; Securter
Systems, Inc. Digatrade is targeting numerous fintech service
licensing vehicles, also including blockchain derived applications.
Digatrade Financial Corp. is located in Vancouver, British
Columbia, and publicly listed on the OTC.PK under the trading
symbol DIGAF. DIGAF is a reporting issuer in the Province of
British Columbia, Canada with the British Columbia Securities
Commission "BCSC" and in the United States with the Securities
Exchange Commission "SEC".
ABOUT SECURTER
Securter Systems, Inc. is a subsidiary of
Digatrade Financial Corp. that is developing proprietary,
patent-pending credit card payment platform innovations to increase
the security of online credit card payment processing, globally.
Securter technology reduces immense losses by financial
institutions and merchants that arise from fraudulent credit card
use. Securter technology also protects cardholder privacy by
eliminating the need to distribute credit card details to multiple
commercial 3rd
parties, where such information is
ordinarily stored, becoming vulnerable to theft or manipulation.
Securter technology can and will be integrated into complementary
payment methods and fintech protocols, including cryptocurrency and
other blockchain derivatives to come for independent platforms.
Securter has internal R&D capability and management as well as
external fintech business relationships to support Digatrade’s
overall business mission.
CORPORATE
CONTACT INFORMATION:
Digatrade Financial
Corp
1500
West Georgia Street, 1300
Vancouver, BC V6G
2Z6 Canada
Tel:
+1(604) 200-0071
Fax:
+1(604) 200-0072
www.DigatradeFinancial.com
Investors@Digatrade.com
Forward-Looking Information
This press release contains certain “forward-looking information”.
All statements, other than statements of historical fact, that
address activities, events or development that the Company
believes, expects or anticipates will or may occur in the future
constitute forward-looking information. This forward-looking
information reflects the current expectations or beliefs of the
company based on information currently available to the Company.
Forward-looking information is subject to a number of significant
risks and uncertainties and other factors that may cause the actual
results of the Company to differ materially from those discussed in
the forward-looking information, and even if such actual results
are realized or substantially realized, there can be no assurance
that they will have the expected consequences to, or effects on the
Company. Factors that could cause actual results or events to
differ materially from current expectations include, but are not
limited to, the possibility of unanticipated costs and expenses.
Technology development may be delayed indefinitely until the
Company is able to raise the necessary capital. Any forward-looking
information speaks only as of the date on which it is made and,
except as may be required by applicable securities laws, the
company disclaims any intent or obligation to update any
forward-looking information whether as a result of new information,
future events or results or otherwise. Although the Company
believes that the assumptions inherent in the forward-looking
information are reasonable, forward-looking information is not a
guarantee of future performance and accordingly undue reliance
should not be put on such information due to the inherent
uncertainty therein.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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Digatrade
Financial Corp
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(Registrant)
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February 18,
2020
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By:
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/s/
Brad J.
Moynes
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Brad J.
Moynes
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CEO
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