Toronto-based GoldMoney and BitGold reported another strong month in November adding nearly 90,000 new users.
Toronto-based GoldMoney is on a “hockey stick” direction as gross revenues soar 2000% in the 3Q/15 calendar quarter from the prior quarter. Third quarter gross profit of $1.04 million for the Group which also includes BitGold.
Canada’s GoldMoney has now launched the GoldMoney Prepaid program after a beta test. The Prepaid program aims to empower hundreds of thousands of platform clients with a payment method accepted by over 35 million merchants worldwide, giving access and payment utility to fully-reserved and gold-based savings.
Toronto-based GoldMoney has launched the world’s first automated gold to fiat settlement technology enabling gold payments to instantly settle as fiat currency. The new feature can be found within the BitGold platform settings under “Automatic Redemptions” and allows BitGold users to set Automatic Redemptions Plans.
Toronto-based GoldMoney has ankled Katie Sokalsky, CPA, CA, as Chief Financial Officer, and Kate Millington as General Counsel of GoldMoney. GoldMoney also completes the previously planned addition of James Turk and Hector Fleming to the board of directors.
Toronto-base GoldMoney has unveiled a new corporate brand and the first phase re-launch of the GoldMoney platform. The branding follows the July 20 acquisition of the GoldMoney business.
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.
Toronto-based GoldMoney, a full-reserve and gold-based financial service and technology group, reported 74,262 sign-ups in August to hit 242,264 total. Transaction volume hit CN$11,798,296 for the month.
Toronto-based GoldMoney, f/k/a BitGold, which operates a self-directed savings platform and a payments network allowing individuals and businesses to make or receive online, in-store or mobile payments, continues to soar with 168,000 users at the end of July.
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.