Tagged: gold investments

KreditBee Teams Up with SafeGold, Introduces Digital Gold Offering

KreditBee, which claims to be one of India’s “leading” Fintech platforms, recently announced the launch of ‘KreditBee 24K Gold’, a digital gold investment product. Clients may “securely” purchase digital gold “with 99.5% purity at live market rates with a single tap on the KreditBee app.”… Read More

Indian Fintech Firm Paytm Explains Why Investors Should Go for Digital Gold Investments

Go for gold investments, the team at Paytm (NSE: PAYTM) recommends. Paytm writes in a blog post that gold is a “sought-after asset, the world over.” The Fintech firm gives the example of an Olympian seeking out that “glistening gold medal.” Paytm adds that this… Read More

UK Fintech Minted Explains Why Gold Remains Important Element of Global Monetary System

Over the years, tonnes of gold has been mined. Researchers, reporters/journalists, investors, as well as gold bullion dealers have been focused on tracking the estimated total amount of “overground” gold across the globe, the team at UK-based Minted notes. The Financial Conduct Authority approved Fintech… Read More

Alon Rajic: Co-Founder at Israel’s Finofin Ltd Discusses Fintech Trends and Impact of Brexit on Global Money Transfer Business

The COVID-19 pandemic reshaped consumer mentality and habits, especially as it relates to people’s financial needs. But it remains unclear what new habits born out of necessity are here to stay and what will vanish as the pandemic grinds to an eventual halt. We recently… Read More

Investors Might be “Rotating” Out of Gold and into Bitcoin (BTC), Digital Asset Flows Data from CoinShares Suggests

London-based CoinShares, a company that aims to expand access to the digital asset ecosystem while serving as a trusted partner for its clients, has noted that the Bitcoin (BTC) price has been closing-in on the “very psychological” all-time-high (of nearly $20,000) “coupled with momentary fears… Read More

London’s Blockchain.com Extends Partnership with CoinShares to Support “Wrapped” Gold backed Crypto Token

Amadeo Pellicce, Product Manager at Blockchain.com, a leading crypto wallet provider and blockchain explorer service, notes that last year, they had teamed up with digital asset firm CoinShares to introduce DGLD, a crypto-asset representing allocated physical gold that’s kept securely in a Swiss vault. Pellicce… Read More

UK based Minted, a Shariah-Compliant Gold Trading Platform, Is Planning to Launch Services this Month

UK-based Minted, a Shariah-compliant platform for trading gold, is planning to launch its services this month. Gold has served as a safe haven asset during times of economic uncertainty, but mostly wealthy people have invested in the precious metal. Minted aims to change this trend… Read More

SendGold, an Australian P2P Digital Money or Gold as a Service Platform Reports Over 800% Increase in Transactions, After COVID-19 Outbreak

Fintech firm SendGold, which describes itself as a Gold-as-a-Service (GaaS) platform, reports an 819% increase in transaction volume and a 311% growth in transaction size since January 2020. Established in 2016, SendGold is a peer to peer (P2P) digital money platform focused on serving the… Read More

Dash Investment Foundation, Supporter of Digital Asset Dash, Invests in Gold to Diversify and Strengthen Portfolio

The Dash Investment Foundation (DIF), an organization that makes Dash (digital currency) denominated business loans and equity investments within the blockchain and crypto-asset sector, has purchased gold for the first time. The organization said it will be introducing its Dash-to-gold rebalancing strategy, which involves diversifying… Read More

Indonesian Tech Giant Gojek’s Digital Wallet GoPay Introduces Gold Investments via GoInvestasi through Partnership with Fintech Pluang

Indonesian tech giant Gojek’s electronic wallet GoPay has introduced a gold-investment feature, GoInvestasi, through a partnership with investment Fintech firm Pluang. Budi Gandasoebrata, MD at GoPay, noted that the rising demand for making investments via digital wallets had led to GoPay providing the new investment… Read More

UK’s Shariah-Compliant Gold Trading Platform Minted May Launch Digital Challenger Bank

UK-based Minted, a Shariah-compliant platform for trading gold, is planning to launch in the coming months. Co-founder Shahmad Ahmed told Salam Gateway that his company has acquired regulatory approval from the Financial Conduct Authority (FCA) to serve as an e-money business. He noted that Minted’s… Read More

UK Fintech Glint Pay Says there’s been a 700% Increase in Amount of Gold Purchases via its Platform During Coronavirus Outbreak

UK-headquartered Fintech Glint Pay Services Ltd. has revealed that there has been a 700% increase in the amount of gold purchased on its platform during the coronavirus (COVID-19) outbreak, and resulting economic uncertainty. The global economic instability has negatively affected the world’s equity markets. Glint… Read More

Fintech Unicorn Revolut to Allow Premium and Metal Customers to Purchase and Sell Gold from its App

Fintech unicorn Revolut is now allowing its Premium and Metal customers to purchase and sell gold from directly within its app. Gold has recently risen in price as investors have sought safe havens from the COVID-19 driven market crash. The app’s users can get exposure… Read More

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