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
