We are very excited to announce that SendGold is now live in South Africa, the country that produced half of the world’s gold.

Gold has been a great inflation hedge for South Africans, especially during the ongoing emerging market currency decline.

Gold in South African Rand is up 9.34% in the last 30 days.

But the connection between South Africans and gold goes back to their colonial days and the country’s own gold rush. Just one mine alone (Witwatersrand) is estimated to have produced almost half of the world supply of gold.

Now South African residents can use the SendGold app to save and invest in gold, transfer it as a payment or gift, or cash out straight to any South African bank. And Australian residents can use SendGold to transfer to friends and family in South Africa.

We’ve got an impressive list of countries where we’ll go live with SendGold in the coming weeks so stay tuned.

Still time to become a SendGold Shareholder

SendGold’s equity crowdfunding offer is currently open via the OnMarket platform. SendGold is targeting a minimum raise size of $500,000, and a maximum of $2 million. The minimum bid size into the offer is $250. Invest now at OnMarket to own a piece of this company that has turned gold into accessible, peer to peer, digital money.