LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines to Launch New Website

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA


GoldSeek Web

GoldMoney Inc. Reports February 2016 Key Performance Indicators for the BitGold and GoldMoney Businesses

 -- Published: Tuesday, 1 March 2016 | Print  | Disqus 

GoldMoney Inc. (XAU.V), a full-reserve and gold-based financial service and technology group, is pleased to announce Key Performance Indicators (KPI’s) for its two operating platforms for the period ending February 29, 2016.

BitGold Key Performance Indicators:

User Sign Ups

Period   Total User Signups –

End of Period

  Net Increase/Decrease
February 2016 739,133 +67,310
January 2016 671,823 +91,009
December 2015 580,814 +63,728

Transaction Volume (Gold Grams) 1

Period   Transaction Volume – End of Period (grams)   Net Increase/Decrease


  Value in CAD for Reference
February 2016 1,136,676 +311,158 C$ 61,335,036
January 2016 825,518 +155,868 C$ 41,705,169
December 2015 669,650 +106,219 C$ 31,861,947

Customer Gold in Vaults (Gold Grams) 2

Period   Gold in Vaults – End of Period


  Net Increase/Decrease   Value in CAD for Reference
February 2016 711,547 +211,020 C$ 38,395,076
January 2016 500,527 +62,822 C$ 25,286,624
December 2015 437,705 +57,341 C$ 20,826,004

1. Defined as deposits, redemptions and payments on the network.
2. Defined as total segregated and allocated customer gold under safekeeping.

Further highlights of February’s business growth can viewed here:

GoldMoney Key Performance Indicators:

GoldMoney Holdings

Period   Total Funded Accounts   Net Increase/Decrease
February 2016 21,386 +61
January 2016* 21,325 +19
December 2015 21,306 -44

Transaction Volume (Canadian Dollars) 3

Period   Transaction Volume – for the Month   Net Increase/Decrease
February 2016 C$ 48,020,369 C$ +18,604,336
January 2016* C$ 29,416,033 C$ -12,432,488
December 2015 C$ 41,848,521 C$ +6,233,119

Customer Assets under Administration 4

Period   Customer Assets   Net Increase/Decrease
February 2016 C$ 1,642,551,665 C$ +62,632,962
January 2016 C$ 1,579,918,703 C$ +68,957,581
December 2015 C$ 1,510,961,122 C$ +40,443,334

3. Defined as all dealing (buy/sell), deposits, and redemption activity by GoldMoney clients.
4. Defined as total segregated and allocated customer precious metals and full reserved currency balances under safekeeping.

About GoldMoney

GoldMoney Inc. is a global, full-reserve and gold-based financial services group. GoldMoney provides financial services as a trusted, limited third-party, combining the unique attributes of gold with technology-driven innovation. Through GoldMoney® the company offers precious metals custody and wealth services, trading and execution, and independent research to individual investors and institutions. Through BitGold™ the company operates a self-directed savings platform and a payments network allowing individuals and businesses to make or receive online, in-store or mobile payments. GoldMoney Inc. has over 750,000 clients from over 200 countries and $1.65 billion in client assets under administration. GoldMoney is regulated by the Jersey Financial Services Commission (JFSC) as a Money Services Business. The JFSC is the main supervisory body that oversees and regulates Jersey's large financial services industry. For more information on BitGold, visit For more information on GoldMoney, visit

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy of this release.

Forward-Looking Statements

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. 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; future capital needs and uncertainty of additional financing; the competitive nature of the industry; unproven markets for the Company’s product offering; volatility of gold prices & public interest in gold investment; lack of regulation and customer protection; the need for the Company to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the ability of the Company to maintain properly working systems; foreign currency and gold trading risks; use and storage of personal information and compliance with privacy laws; use of the Company’s services for improper or illegal purposes; global economic and financial market conditions; uninsurable risks; and those risks set out in the Company’s public documents filed on 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 revise or update any forward-looking information other than as required by law.

GoldMoney Inc.
Josh Crumb, 647-499-6748
Chief Strategy Officer & Director

| Digg This Article
 -- Published: Tuesday, 1 March 2016 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.