A precious metals firm is partnering with a Malaysian fintech to enable «mini-gold» purchases.
Gold trader HelloGold said it will partner with Boost in order to integrate purchases of the precious metal with the Malaysian fintech's mobile lifestyle wallet. The firms didn't disclose financial details of the tie-up.
Boost users can now buy nearly pure gold with as little as one Malaysian ringgit, or $0.24, HelloGold said. The metal is held in vaults, and can be delivered physically, HelloGold said.
«HelloGold was created to make gold and other sophisticated financial products affordable and available to everyone. This agreement with Axiata Digital takes us dramatically closer to that vision,» said Robin Lee, Chief Executive of HelloGold.
