Malaysia’s HelloGold Wins “Most Innovative Islamic Product Award”
by Fintech News Malaysia November 16, 2017
HelloGold, a Malaysian based fintech firm that blends gold trading with blockchain technologies was announced as the winner of the the Critics’ Choice Most Innovative Islamic Retail Product Award. Organised by the UK-based financial intelligence house, Cambridge IF Analytica, the award recognised the platform’s features, which include being the world’s first Shariah-compliant certified online digital gold platform.
Robin Lee, CEO, commented,
“HelloGold was created to make gold and other sophisticated financial products affordable and available to everyone. We are proud that our achievements are being recognised. But, this is just the beginning – in the last two months, the HelloGold Foundation closed its public token sale and launched the first fully-operational and 100% audited gold-backed token (GBT) in the world.
With its initial launch in Malaysia, HelloGold provides an app-based platform that allows customers to buy, store, and sell physical investment-grade gold with as little as RM1. Since its launch in April 2017, the app already numbers 15,000 downloads in Malaysia. The company is backed by TheFinLab, a joint-venture between UOB Bank and SGInnovate, a wholly-owned arm of the Singapore government.
This article was first published on fintechnews.sg, Featured image via HelloGold
