StayPrivate sparked into life in 2014, when Andrew and Rob were working on an innovative retail investment product for a FTSE100 financial services company.
The product met a clear need and the company wanted to accelerate sales but the product needed explaining carefully to investors. We could do this, but the problem was how could we prove we had done so to regulators, maybe years later. Signatures at the bottom of legal documents would count for little.
What was needed was a secure, transparent electronic record of the private conversation leading to the sale. But the technology to deliver this simply did not exist.
Moreover, the need to be able to communicate securely, privately and conveniently was not limited to financial services. It applied to any organization providing a service to individuals. Moreover, individuals had just as much, if not more, need to be able to communicate and keep important documents private as did businesses.
A few years later and StayPrivate is a thriving business, delivering and keeping millions of documents and emails safe every day for individuals, non-profit organizations and businesses across a wide range of sectors, including legal, education, medical, social care and, of course, financial services.