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Business 1 min read 112 views

O Gold and Botim Launch MENA’s First Fintech Gold Investment Feature

O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, has announced the launch of a pioneering gold investment feature in partnership with Botim, Astra Tech’s leading AI-powered fintech platform.

The collaboration, stemming from a 2023 agreement, marks the first time a fintech platform in the UAE integrates digital gold investment directly into its ecosystem. Through this partnership, Botim users can now buy, sell, and manage digital gold starting from as little as 0.1 grams within the app.

The feature also introduces a Gold Earning Program, offering users an annual yield of 3% on their holdings, benchmarked against global lease rates. This move is set to make gold investment more accessible and appealing to millions across the region.

“In this region, gold has always held deep historical, cultural, and economic value. Even with market shifts, demand continues to grow. With this partnership, we’re making fractional gold investment simple and secure. It also reflects our focus on innovation in fintech and our commitment to providing trusted financial services to more than 8 million people who use Botim in the UAE,” said Ahmed Mourad, Chief Operating Officer at Astra Tech | Botim.

Since its launch, O Gold has already surpassed 100,000 users, underscoring the growing appetite for innovative digital gold solutions. The platform is also certified as Shariah-compliant, strengthening its appeal among investors in the region.

“As an Emirati company, our goal at O Gold is to make precious metal ownership simple, accessible, and secure for everyone. In just one month since launching, we’ve acquired over 100,000 users, proving strong market demand. Partnering with Botim and its integrated payment system allows us to extend our services and help millions start their gold investment journey with just a few taps. This is a game-changer for democratizing access to a timeless asset,” said Bandar Alothman, Founder of O Gold.

The new gold investment feature is now live and accessible to all Botim users under the Botim Invest section of the app.

O GoldBotimAstra Techfintech UAEgold investment MENAfractional gold ownershipdigital gold UAEAI fintech platformShariah-compliant goldUAE investment news

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