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 April 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.
☒ 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 ☒
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 ADVANCES SECURTER DEVELOPMENT
Vancouver, British Columbia /
ACCESSWIRE / April 8, 2020 - DIGATRADE FINANCIAL CORP
(OTCPK: DIGAF), www.DigatradeFinancial.com a
financial technology services company, and its subsidiary Securter
Systems Inc., have today announced in collaboration with Exilion
Technologies a development advancement update along with
shareholder update.
The Digatrade/Securter
development has completed the initial analysis and roadmap towards
further development of technical architecture and prototyping.
Additional highlights of our
technical progress so far include the
following:
-
Project launch: finalized the technical implementation team and
established development process
-
Refined product design, technical architecture and technology
stack
-
Completed the mobile application UX concept
-
Commenced the building of the product
foundation.
We
have started with the software platform development which began in
early March with the original model to continue
refining product design using various prototyping
approaches and risk management to mitigate technical
risks.
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.
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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Date: April 8,
2020
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By:
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/s/
Brad J.
Moynes
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Name:
Brad J.
Moynes
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Title:
CEO
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