Saturday, January 23, 2021

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Paysera: Sold EUR 1.4M worth of physical gold

  • 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. Mork┼źnas, 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

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