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Troygold: Enables users to spend their gold bullion via mobile app and debit card

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Troygold: Enables users to spend their gold bullion via mobile app and debit card

  • Troygold, allows gold owners to upload and digitize their physical gold and then use it for transactions and finances
  • South Africans have an estimated R300 billion in Krugerrands hidden in drawers and safes
  • Customers receive an ownership certificate and can then save, spend and borrow against their gold bullion via a mobile app
  • Co-founded by brothers Bastiat and Dane Viljoen. CEO Bastiat explains
  • Most South Africans who own gold Krugerrands are stashing these at home in safes and drawers, which is a security risk
  • Offers a superior solution where owners maintain full legal ownership of their Krugerrands

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