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Paysera: Sold EUR 1.4M worth of physical gold

November 29, 2020

Paysera, having started trading physical gold at the end of September, which is unusual for fintech companies
Most buyers have not collected their precious metal and it remains in the storage facilities of the company
The trade was also facilitated by a period when people are inclined to look for ways of retaining the value of their money
According to V. Morkūnas, even though gold buyers can collect their purchased gold coins and bars or have them delivered to their home
Via its mobile app, the company sells gold bars from the Swiss manufacturer Valcambi Suisse
The smallest gold bar offered by Paysera weighs 1 g. On Friday morning, its price was approximately EUR 62