Wecan Group, a Geneva-based startup specialising in compliance solutions for private banks and financial institutions, today announced that SEALSQ Corp (SEALSQ), a post-quantum cybersecurity company, has acquired a majority equity stake in it.
This follows an initial 28% investment made one year ago. As part of this strategic transaction, SEALSQ will invest €5.4 million (CHF 5 million) to accelerate Wecan Group’s development and support the deployment of next-generation Compliance Co-pilote and post-quantum financial security solutions for the global financial industry.
Vincent Pignon, founder and CEO of Wecan Group, commented, “Wecan Group was created to help financial institutions manage trust, compliance and sensitive client information more efficiently. With SEALSQ as a majority shareholder and strategic technology partner, we are entering a new phase of growth. This investment will allow us to accelerate the deployment of our Compliance Copilote and strengthen our infrastructure with post-quantum security capabilities, providing banks and financial institutions with future-ready solutions for client lifecycle.”
Founded in 2015 by Dr. Vincent Pignon, Wecan Group’s mission is to help financial institutions securely optimise the management of their compliance processes. The company states that its platform is a solution for orchestrating onboarding, change-of-circumstance and periodic-review processes for the end clients of regulated institutions, be it individuals, companies, trusts or others.
The company offers products designed to onboard clients digitally, manage KYC and AML analysis, account openings, contract generation and periodic reviews, all while ensuring regulatory compliance with full auditability. Its notable clients include Pictet, Lombard Odier, Edmond de Rothschild, Syz and Barclays, among others
SEALSQ specialises in post-quantum technology hardware and software solutions. The company states that its technology integrates semiconductors, PKI (Public Key Infrastructure), and provisioning services, with a strategic focus on developing quantum-resistant cryptography and semiconductors to address the urgent security challenges posed by quantum computing. As quantum computers advance, traditional cryptographic methods such as RSA and Elliptic Curve Cryptography (ECC) are increasingly vulnerable.
The company claims to be pioneering the development of post-quantum semiconductors that provide robust, future-proof protection for sensitive data across a wide range of applications, including multi-factor authentication tokens, smart energy, medical and healthcare systems, defence, IT network infrastructure, automotive, and industrial automation and control systems.
By embedding Post-Quantum Cryptography into its semiconductor solutions, SEALSQ ensures that organisations stay protected against quantum threats.
Carlos Moreira, CEO of SEALSQ, said, “Our majority investment in Wecan Group represents a significant step in SEALSQ’s strategy to bring post-quantum security to the most sensitive sectors of the global economy. Financial institutions and digital asset platforms are entering a new era in which cybersecurity, compliance automation, digital identity and trusted AI must converge. At the same time, cryptocurrencies and blockchain infrastructures must evolve toward quantum resilience to preserve long-term trust and security.
“By combining SEALSQ’s post-quantum technologies, Wecan Group’s expertise in private banking compliance infrastructure and WISeKey’s trusted digital identity ecosystem, we aim to deliver a secure and scalable trust platform for the financial industry and the digital asset economy worldwide.”
Through this majority participation, Wecan Group and SEALSQ intend to accelerate the implementation of an AI-powered Compliance Copilote, built on a secure post-quantum infrastructure.
The platform will integrate advanced Post-Quantum Cryptography (PQC) technologies, quantum-resistant Hardware Security Modules (HSMs), secure digital identity frameworks and blockchain-based trust mechanisms designed to protect sensitive financial data against future quantum computing threats.
According to both companies, the goal is to provide financial institutions, wealth managers and FinTech with a trusted platform capable of optimising the processing of sensitive client information across the entire client lifecycle, from onboarding to periodic reviews, transaction monitoring, anti-money laundering (AML), know-your-customer (KYC) compliance and secure digital asset management.
The initiative aims to further support the development of trusted AI governance and explainable compliance algorithms for regulated financial institutions, confidential AI and encrypted data processing leveraging homomorphic encryption and secure semiconductors, and quantum-resilient digital identity systems for institutional and retail financial ecosystems.
Read the orginal article: https://www.eu-startups.com/2026/06/sealsq-acquires-majority-stake-in-genevas-wecan-group-with-e5-4-million-investment-to-scale-post-quantum-financial-security-solutions/
