Botim, Astra Tech’s flagship AI-powered fintech and communications platform, has partnered with O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, to launch the first integrated gold investment feature in the Middle East and North Africa. This partnership is poised to revolutionize the region’s digital finance landscape.
The implementation, which comes after a 2023 agreement, makes Botim the first Mena fintech ecosystem to provide gold investing options directly with its app. In its efforts to establish itself as a global center for cutting-edge and easily accessible financial services, Botim, which has more than 8.5 million active users in the UAE alone, has reached a major milestone with its entry into digital gold trading.
By decreasing conventional barriers to entry, the alliance enables users to purchase, sell, and manage digital gold for as little as 0.1 grams. Access to O Gold’s gold earning (leasing) programme, which benchmarks against current international gold lease rates and delivers yearly yields of 3% in gold grams, is another benefit of the integration.
Gold has long had significant cultural, historical, and financial value in this area. We are making fractional gold investing easy and safe for everyone to begin with this launch,” stated Ahmed Mourad, Astra Tech | Botim’s chief operations officer.
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