BitGold is a consumer-focused internet platform that combines free global payments with access to secure, redeemable gold for savings. Its product blends a gold exchange, payments technology, and custody to let users acquire, store, and spend gold digitally. The company positions gold as a core savings account, a digital currency for seamless global payments, or physical storage as a safety valve. BitGold planned a platform launch in Q1 2015 and closed a $3.5 million Series A in advance of that launch. Earlier in 2014 the co-founders Roy Sebag and Josh Crumb provided angel financing to develop and acquire key intellectual property and a proof of concept. BitGold is a Canadian corporation with offices in Toronto and Milan and has partnered with firms in auditing, vault security, and web security while committing to AML and KYC compliance.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2014