O Gold and botim Launch MENA’s First Fintech Gold Investment Feature

O Gold, the UAE’s first Emirati app for fractional gold and silver ownership, has partnered with Botim, Astra Tech’s leading AI-powered fintech platform. This collaboration, based on a 2023 agreement, integrates gold investment directly into the Botim ecosystem, making Botim the first fintech in the UAE to officially offer such a solution.

This integration combines O Gold’s expertise in digital precious metal investment with botim’s robust fintech infrastructure and expansive user base, creating new channel for accessible financial services. Users can now buy, sell, and manage digital gold directly within the botim app, starting from just 0.1 grams. In addition, the feature’s Gold Earning Program enables users to earn a 3% annual yield on their holdings, benchmarked to global lease rates.

“In this region, gold has always held deep historical, cultural, and economic value. Even with market shifts, the demand continues to grow. With this partnership, we’re making fractional gold investment simple and secure, so anyone can get started. It also reflects our focus on innovation in fintech and our commitment to providing trusted financial services to more than 8 million people who use botim in the UAE. This is another step in expanding botim’s financial services and giving people more accessible ways to manage and grow their money with confidence,” said Ahmed Mourad, Chief Operating Officer at Astra Tech | botim.

In just a few months, O Gold has surpassed 100,000 users, demonstrating strong market demand for its digital gold platform while also being certified as Shariah-compliant.

“As an Emirati company, our goal at O Gold is to make precious metal ownership simple, accessible, and secure for everyone. In just one month since launching our services, we’ve acquired over 100,000 users, a clear validation of the market’s appetite for innovative and trusted gold trading solutions.” said Bandar Alothman, Founder at O Gold. “Partnering with a platform as widely used as botim and its integrated payment system allows us to further extend our services and help millions of users start their gold investment journey with just a few taps. This is a game-changer for democratizing access to a timeless asset.”

The new gold investment feature is now fully operational and available to botim users through the botim Invest section of the application.

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