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- OGold Secures Strategic Investment from Plug and Play Ventures
- OGold has announced a strategic investment from Plug and Play Ventures, in a move aimed at supporting its international growth and strengthening its position in the digital wealth ecosystem.
- Amade Ventures Limited will serve as the exclusive financial and strategic advisor to OGold on the transaction.
- The investment is set to support OGold’s global expansion and reinforce its positioning as an innovative solution that bridges traditional wealth preservation tools with modern digital economy systems.
UAE-based gold and silver investment app OGold, which is compliant with Islamic finance principles, has secured a strategic investment from Plug and Play Ventures.
The financial details of the deal were not disclosed.
The investment aims to support OGold’s global expansion and strengthen its position as an innovative platform bridging traditional wealth preservation tools with modern digital financial ecosystems.
Amade Ventures Limited will act as the exclusive financial and strategic advisor to OGold for this transaction.
The funding comes after a strong growth phase for OGold, which has surpassed one million users and recorded more than $50 million in total transactions, reflecting rising demand for its digital precious metals solutions.
The platform allows users to own fractional shares of gold and silver starting from just AED 1, expanding access to precious metals and transforming gold from a traditional savings instrument into a more liquid and tradable digital asset.
OGold founder Bandar Al Othman described the investment as a “vote of confidence” in the company’s vision and scalable infrastructure, noting that the next phase will focus on expanding digital offerings, including the development of the OGold Mastercard, as well as entering new international markets.
He added that the goal is to redefine how users interact with gold and silver in the digital age, turning them into assets that can be used seamlessly in everyday life.
As part of Plug and Play Ventures’ portfolio, OGold gains access to a global network of more than 550 partners, along with an investment track record that includes companies such as PayPal, Dropbox, and Honey.
Ali Raza Masroor, General Partner at Plug and Play Ventures, said OGold reflects growing demand for innovative and Sharia-compliant financial solutions, highlighting its ability to combine the reliability of traditional assets with scalable digital infrastructure.
The investment is expected to accelerate the rollout of OGold’s app and Mastercard globally, while supporting its broader international expansion strategy.
OGold is also strengthening its model by combining physical gold stored in secure vaults in the UAE with a modern digital infrastructure, evolving into a fully integrated financial ecosystem rather than just an asset management app.
