Goldmoney Inc.

Goldmoney Inc.

October 06, 2016 07:30 ET

Goldmoney Inc. Releases New and Improved Goldmoney App for iOS and Android

TORONTO, ONTARIO--(Marketwired - Oct. 6, 2016) - Goldmoney Inc. (TSX:XAU), a financial technology company operating a global, 100%-reserved gold-based financial network, today announced the release of the new and improved Goldmoney™ App for iOS and Android devices - the only mobile app that allows users to easily and securely buy gold at the touch of a button, send and receive payments for free, and view real-time gold prices in 150 currencies.

"Up until now, we've concentrated our efforts on building and completing the core infrastructure of the Goldmoney platform - and our new app, complete with Goldmoney Business and Wealth integration and functionality is a major accomplishment," said Paul Mennega, Lead Engineer, Goldmoney Inc. "From this point forward, we will be more focused on mobile optimization and performance improvements in order to bring Goldmoney technology to more devices and form factors."

"Our new mobile app makes it even easier for users to access the platform and manage their Goldmoney accounts while on-the-go," said Darrell MacMullin, CEO, Goldmoney Personal & Business Network. "Goldmoney Personal users can expect an improved experience, while Business account holders now have access all Dashboard features within the app, and can send invoices, make and accept payments in gold, and check on the status of cash flow and payments anytime, anywhere."

Goldmoney App Features

Goldmoney Personal and Business

  • Free Goldmoney account sign up.
  • Real-time gold price chart in 150 currencies.
  • Secure 100%-reserved and allocated gold deposits in choice of vaults.
  • Free instant gold transfers to anyone via email and mobile phone.
  • Goldmoney Mastercard Prepaid card request and activation.
  • Multiple redemption options: Goldmoney Mastercard Prepaid, bank transfer, Goldmoney Physical (10g Cubes®, 1kg bullion bars, sovereign coins, and more).
  • Goldmoney Business account management and tools, including: Invoices, payouts, and payment status tracking.

Goldmoney Wealth

  • Goldmoney® Holding access and management.
  • Goldmoney Mastercard Prepaid card request and activation.
  • Secure 100%-reserved and allocated precious metals deposits (gold, silver, platinum, and palladium) in choice of vaults.
  • Precious metal buy, sell, and exchange.
  • Client contact with personal Relationship Manager.


The new Goldmoney App can be downloaded for free from the Apple App Store and Google Play. Supported devices currently include iPhone (iOS 8.0 or later) and Android smartphones (4.1 and up). Support for iPad and Android tablets will be available at a later date.

About Goldmoney Inc.

Goldmoney Inc. (TSX:XAU) is a mission-driven financial technology company that operates the world's largest 100%-reserved gold-based savings and payments network. Goldmoney® provides financial services as a trusted third-party, combining the unique attributes of gold with technology-driven innovation. Through the Goldmoney Network, comprised of Goldmoney Personal and Goldmoney Business, anyone with internet access can buy, sell, transfer, earn, or redeem physical allocated gold. Goldmoney Wealth offers bespoke precious metals custody and wealth services, trading and execution, card services, tax-free retirement accounts and independent research to high net worth individual investors and institutions. Goldmoney Inc. has more than 1.26 million user signups from more than 150 countries and $1.8 billion in client assets under administration (as at October 5, 2016). Together, Goldmoney Personal and Business are regulated as a Dealer in Precious Metals by the Financial Transactions and Reports Analysis Centre of Canada. Goldmoney Wealth is regulated as a Money Services Business by the Jersey Financial Services Commission. For more information about Goldmoney, visit

Forward-Looking Statements

This news release contains or refers to certain forward-looking information. Forward-looking information can often be identified by forward-looking words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "may", "potential" and "will" or similar words suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. All information other than information regarding historical fact, which addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, is forward-looking information. Forward-looking information does not constitute historical fact but reflects the current expectations the Company regarding future results or events based on information that is currently available. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking information will not occur. Such forward-looking information in this MD&A speak only as of the date of this MD&A. Forward-looking information in this MD&A includes, but is not limited to, statements with respect to: growth of the Company's business, expected results of operations, acquisition of Schiff Gold Inc., and the market for the Company's products and services and competitive conditions.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: the Company's limited operating history; history of operating losses; future capital needs and uncertainty of additional financing; fluctuations in the market price of the Company's common shares; the effect of government regulation and compliance on the Company and the industry; legal and regulatory change and uncertainty; jurisdictional factors associated with international operations; foreign restrictions on the Company's operations; product development and rapid technological change; dependence on technical infrastructure; protection of intellectual property; use and storage of personal information and compliance with privacy laws; network security risks; risk of system failure or inadequacy; the Company's ability to manage rapid growth; competition; effectiveness of the Company's risk management and internal controls; use of the Company's services for improper or illegal purposes; uninsured and underinsured losses; theft & risk of physical harm to personnel; precious metal trading risks; and volatility of precious metals prices & public interest in precious metals investment; and those risks set out in the Company's most recently filed annual information form, available on SEDAR. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, except as required by law.

Contact Information

  • Media and Investor Relations inquiries:
    Jacquelyn Humphrey
    Director of Global Communications
    Goldmoney Inc.

    Josh Crumb
    Chief Strategy Officer
    Goldmoney Inc.