VeraCash was created by an entrepreneur who appreciates gold as a precautionary savings tool, as a modern, viable alternative to classic currencies and as an instrument of freedom and protection against a loss of buying power. Jean-François Faure, the founder of VeraCash, wants to make precious metals as accessible as possible and to develop a durable exchange currency based on strong values. The VeraCash payment card was the first step in this revolution in payments with gold. Shortly after the company was created in 2015, the function of sending grams of gold was launched to provide a peer-to-peer means of exchange, separate from the banking world, with the goal of enabling payments between private citizens. In 2017, VeraCash brought professionals into its ecosystem with the aim of offering a network of services and merchants along short, ethical supply channels.
The name “VeraCash” comes from the Latin vera for “true” and “cash”, or money. “Vera” is the symbol shared by several of our brands, including “VeraValor” (gold coins minted by our group). “Vera” is a clear affirmation of our ethical commitment to a sustainable economy, short consumer channels and environmental protection. In short, VeraCash is “true money”.
A large proportion of our precious metals comes from the recycling industry. Our “refiner” partners in Spain and Switzerland are LBMA certified, guaranteeing the quality and provenance of our physical gold.More information
VeraCash stores your gold at the Free Ports and Warehouses of Geneva, Switzerland, where audits are carried out annually to ensure that the assets in VeraCash members’ accounts are physically present.See the audits
Working with supervisory authorities
To be able to offer secure, compliant services to our members, VeraCash collaborates with a number of financial authorities like the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the Financial Conduct Authority (FCA) and French Customs.
Autorité de Contrôle Prudentiel et de Résolution
The ACPR (Prudential Supervision and Resolution Authority) approves VeraCash’s activities via the FCA.
A subsidiary of the French group AuCOFFRE.com
AuCOFFRE.com is the French leader for buying and selling of silver and gold coins (only available in French).Go to the website