SealSQ and Wecan Announce Collaboration to Develop Post-Quantum KYC Solution to Secure Client Data for the Financial Industry

Geneva, Switzerland, Oct. 14, 2025 (GLOBE NEWSWIRE) --

SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company specializing in the development and commercialization of post-quantum semiconductor technology, and Wecan Group SA (“Wecan”), a leading Swiss provider of global compliance backbone for regulated institutions, today announced a strategic collaboration to develop a Post-Quantum KYC (Know Your Customer) solution.

This initiative aims to secure client data from collection to processing, addressing the growing risk of future decryption by state or malicious actors as quantum computing capabilities evolve.

By combining SealSQ’s expertise in post-quantum technologies with Wecan’s leadership in compliance and secure data sharing for financial institutions, the two companies are pioneering a new standard for data protection in the financial industry.

“This partnership represents a major step forward in preparing regulated institutions for the post-quantum era,” said Carlos Moreira, CEO of SealSQ. “Through our quantum-resistant technologies, we will ensure that sensitive client data remains secure, even against future quantum attacks.”

“At Wecan, our mission has always been to help financial institutions manage compliance and client data securely,” said Vincent Pignon, CEO of Wecan Group. “Integrating post-quantum encryption into our platform reinforces that mission and ensures our clients’ long-term data protection.”

This collaboration is part of Wecan’s ambitious innovation roadmap, which will deliver a new client experience through several upcoming releases.

Together, SealSQ and Wecan aim to set new security and efficiency standards for the financial sector, ensuring institutions are ready for both today’s regulatory challenges and tomorrow’s quantum era.

About Wecan Group
Wecan Group SA is a Swiss-based technology company that builds secure compliance and data-sharing solutions for regulated institutions, including private banks, external asset managers, compliance outsourceurs and auditors. Its platform unites full digital onboarding, AI automation, and post-quantum security to simplify compliance worldwide. For more information, visit https://wecangroup.ch/.

About SEALSQ:
SEALSQ is a leading innovator in Post-Quantum Technology hardware and software solutions. Our technology seamlessly integrates Semiconductors, PKI (Public Key Infrastructure), and Provisioning Services, with a strategic emphasis on developing state-of-the-art Quantum Resistant Cryptography and Semiconductors designed to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods like RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.