THREEGOLDFIPROSPECTORS

The UK-based fintech app allows you to buy, sell and transfer gold and other precious metals seamlessly. The attribution of real physical gold to the customer is a key part of its USP but whilst its gold comes from a London Bullion Market Association (LBMA) approved delivery partner, the specific details are unknown.

Each user’s dashboard shows the value of their investment, provides controls over regular savings plans and the sign-up process is seamless. It also has an API service, allowing other businesses to integrate gold and precious metal trading features, called Minted Connect.

Founded in 2018 and regulated by the UK’s Financial Conduct Authority, Minted saw success in the wake of the pandemic and the soaring price of gold.

The company is driven by Islamic ideals, although it is not primarily targeted at Muslims. Gold as an asset-backed investment is more compliant with Islamic Sharia banking, so it fits the ethics of the founder whilst serving a wider market. inventory, but instead routes clients’ orders to a selection of international vaults in the gold market. This, it says, saves money on trades, avoids price manipulation and improves transparency over charges.

Championing gold as the ultimate store of wealth and value, Goldex was also founded in 2018, raising more than £1million in initial funding. Founder and CEO, Sylvia Carrasco has previously spoken of the necessity of partnering with business clients and institutions to further their own business success.

Aimed at retail investors as well as businesses, its marketplace is accessible 24/7 and it also has a ‘vault’ of informative expert-driven content in its Goldex Academy. It allows other businesses to integrate its marketplace in other products, too.

Unlike Glint, it does not hold any gold

Another female-led, gold-backed fintech, Rush Gold is an Australian-based company co-founded by Jodi Stanton. Its services are available in more than 13 countries. Users can pay with gold as well as save, transfer, and send it to others. In 2020, it saw monthly transaction volumes increase by more than 1,000 per cent.

Rush Gold has also formally signed the LBMA’s new Global Precious Metals Code of Conduct. And its gold is stored in a Sydney vault, managed by Brink’s Australia. Like Glint, it is insured by Lloyd’s of London.