Company Information

Get to know VeraCash

Founded in 2012 by Jean-François Faure, VeraCash is a French financial technology company that provides an alternative payment and savings solution. Its mission is to offer a stable store of value, independent of the traditional banking system, by linking a user's account balance to the real-time value of physical gold (VRC Gold), silver (VRC Silver), and diamonds. Customers can use a VeraCash Mastercard to make everyday purchases, with transactions being debited from their precious metal holdings. The service aims to protect savings from currency devaluation and inflation while maintaining the liquidity of a standard payment account.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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VeraCash

France

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.