GoldMoney announces the launch of automated savings and payments tools for the BitGold platform. The BitGold platform, a self-directed savings platform and payments network, continues to add new tools and features never before available in the consumer gold market, driving innovation by increasing access, lowering friction, and increasing the utility of gold as a form of savings and as universal payment medium.
BitGold has launched its mobile application for Android (#android) and iOS (#ios) operating systems. Available today, the official BitGold mobile application is free to download from Google Play and Apple’s App Store.
Toronto-based BitGold has swallowed the intellectual property and operating subsidiaries of GoldMoney for $59.4 million and will become GoldMoney. The BitGold payment and savings platform will operate as a separate service focusing on the expansion of a high-growth internet user base, while also developing a global end-to-end payments and international transfer network utilizing BitGold settlement technology.
Toronto-based BitGold is off to the races posting astronomical growth in the second quarter, doubling its number of users in one month. As of June 30th there were 62,629 users. The Company, which offers digital payments and secure savings, doubled also doubled its gold vault value between June 5 and June 30 to C$2,993, 400.
Toronto-based BitGold has launched its payments platform in the US and US territories. US residents can sign up on the BitGold platform and buy, sell, or redeem gold using BitGold’s Aurum payment and settlement technology.
Toronto-based BitGold, pioneer of gold-based digital payments, gobbles up Jersey, British Channel Islands-based GoldMoney. GoldMoney has CAD 1.5 billion in assets under vault management.
A payments platform for gold is now out of beta testing and really to launch globally except in the USA. Toronto-based BitGold has unveiled the BitGold platform, a software service connecting free vault storage with payment networks.