Pfäffikon SZ – German investment firm Afinum has acquired a stake in Threema. The start-up has developed a messenger app that offers unparalleled privacy protection. It has more than eight million users to date.

The start-up Threema from Schwyz in the Greater Zurich Area has secured a new investor in Afinum, as was reported in a press release. The investment amount has not been disclosed.

Threema has developed a messenger app that is reportedly unparalleled in the privacy protection it offers. One of the guiding principles is metadata restraint. Contact lists and groups are managed directly on the users’ devices and not on a central server, as is the case with conventional messenger services. What’s more, all communication is protected by state-of-the-art end-to-end encryption.

In its press information, Threema reveals it already has more than eight million users (as at: January 2020). Of these, over two million use the business solution, Threema Work.

The investment from Afinum will now support an acceleration of product development. The company also plans to become fully open source, allowing users to independently review and verify Threema’s security.

“Afinum fully shares our values regarding security and privacy protection,” the company explains in the press release. “The additional resources gained through this partnership enable Threema to grow beyond the German-speaking part of Europe, and we can use our energy for visionary new ideas and projects.”

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