Coro Global Inc. Stock Analysis CGLO

Coro Global, Inc. is a financial technology company, which engages in the development and commercialization of financial payment system. The company is headquartered in Miami, Florida. The company went IPO on 2000-10-09. The firm creates financial payment system, which enables to use gold as money in everyday transactions. The company develops and commercializes a financial technology product, CORO, which uses distributed ledger technology. The company allows customers to send and receive payments and exchange currency. The Company’s payment system is its Financial Crime Risk Management (FCRM) solution. The company develops its FCRM platform, with anti-money laundering (AML)/ know your customer (KYC) on boarding and transaction monitoring to provide a compliance solution for its compliance department. Its CORO mobile application allows customers to send and receive United Stated dollars (USD) and gold (XAU). Its customers are required to pass an identity verification and AML/KYC check, to prevent bad actors from joining and assist in ensuring regulatory compliance. Its FCRM platform manages on boarding, screening and monitoring of CORO’s customers.