Toronto-based GoldMoney and BitGold reported another strong month in November adding nearly 90,000 new users.
At the end of the month BitGold had 517,086 user signups, a gain of 89,848.
The BitGold transaction volume was 563,431 grams an increase of 116,889 grams representing a value of CAD$25,934,729.
BitGold reports customer gold in vaults stood at 380,364 grams, an increase of 77,938 grams or a value of CAD$17,508,155.
GoldMoney reported total funded accounts of 21,350, a slight decrease from the prior month.
GoldMoney’s transaction volume for November was CAD$35,615,402 an increase of CAD$4,373,379.
Customer assets under adminstration was CAD$1,470,517,776, a decrease of CAD76,973,551 from October.
GoldMoney is a global, full-reserve and gold-based financial services group. GoldMoney provides financial services as a trusted, limited third-party, combining the unique attributes of gold with technology-driven innovation. Through GoldMoney the company offers precious metals custody and wealth services, trading and execution, and independent research to individual investors and institutions.
Through BitGold the company operates a self-directed savings platform and a payments network allowing individuals and businesses to make or receive online, in-store or mobile payments. GoldMoney Inc. has over 525,000 clients from over 150 countries and $1.5 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business. The JFSC is the main supervisory body that oversees and regulates Jersey’s large financial services industry.
For data, background and forecasts on BitGold and GoldMoney: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items)