Coro Global Inc. (OTCQB:CGLO) today announced its subsidiary Coro Corp. has been granted a Money Transmitter license in three new states over the past week, as it continues to spread accessibility to its gold payment app across the country.
Residents of Georgia, Rhode Island and South Dakota will now have access to CORO – a payment app that allows customers to exchange, send and save gold and U.S. dollars easily and securely.
Read More: Ondot’s Card Management Platform Now Offers Digital Issuance Capability
Georgia was hit particularly hard by COVID-19, being home to 5 of the 10 U.S. counties with the highest mortality rates. The Company believes that the state has high levels of economic inequality, and Georgian residents will have high expectations of the next government when it comes to rebuilding the economy and employment.
“With CORO, we hope to enable anyone to take control of their financial future by allowing them to save in gold and use gold as money,” said J. Mark Goode, CEO of Coro Global Inc. “We are extremely excited to start onboarding customers in these three new states.”
Read More: GlobalFintechSeries Interview with RJ Horsley, President of SpotOn Transact, Inc
Gold is the world’s oldest and most resilient form of money, and has historically survived through periods of economic turmoil.
CORO is now available in the Apple App and Google Play stores to residents of Florida, Alabama, Arizona, Arkansas, Alaska, D.C., Delaware, Georgia, Idaho, Mississippi, Montana, Massachusetts, Oregon, Rhode Island, South Carolina, South Dakota, Washington State and Wisconsin. The Company intends to release CORO in additional U.S. states over the coming months.
Read More: The Future of Cyber Insurance: Flexibility, Transparency & Specialization