Coro Global Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020

Coro Global Inc. is a financial technology company. The Company creates financial payment system, which enables to use gold as money in everyday transactions. It develops and commercializes a financial technology product, CORO, which uses distributed ledger technology. It allows customers to send and receive payments and exchange currency. The Company’s payment system is its Financial Crime Risk Management (FCRM) solution. It 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.