Company Information

Get to know veracash

Founded in 2015 by Jean-François Faure, the creator of AuCOFFRE.com, VeraCash SAS is a French company aiming to make physical gold and precious metals a liquid and spendable asset for everyday transactions. The service allows customers to convert fiat currency into grams of gold or silver, which are physically stored in secure vaults in Switzerland. Users can then spend the value of their holdings anywhere Mastercard is accepted using their VeraCash payment card, transfer value to other users peer-to-peer, or sell their holdings back for fiat currency. The company's mission is to provide an alternative store of value that is disconnected from the traditional banking system but remains as practical as a standard bank account.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service

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veracash

France

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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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.