As the world’s first shariah-compliant digital gold product, HelloGold took the region by storm with their mobile app which enables customers to purchase and sell gold at international spot prices. Taken from the NY COMEX, their gold prices are updated every 5 minutes with customers being able to access investment grade gold for as low as RM1.00.
HelloGold was founded in 2015 by Ridwan Abdullah and Robin Lee. The startup made a spot as TENxCLUB Winner 2017 by Global Entrepreneurship Movement.
The company prides itself on having reliable, secure facilities in which to store their merchandise, and can arrange for the physical bars to be sent directly to their customers upon request.
The app is also incredibly convenient, allowing for customers the option of sending gold to other parties free of charge. With HelloGold’s inception, customers will also be able to ship their gold internationally.
Having forged a partnership with AEON Credit Service Malaysia, the company offers a gold-back personal loan that allows customers to borrow up to 70 percent of their gold value in the form of a personal loan.