technology

Goldex Raises £1M For ‘Ethical’ Physical Gold Trading

Goldex bags £1 million investment in pre-Series A round.

Goldex raises $1M

U.K. based ‘ethical’ gold trading app, Goldex that professes itself to direct ‘ethical pricing’ for retail gold investments has raised over £1 million in a pre-Series A funding round.

The investment round was led by Prepaid Financial Services; Gaël de Boissard, former executive board member of Credit Suisse; Richard Balarkas, former president and CEO of Instinet's; Craig James, founder, and CEO of Neopay.

This gold-trading app founded in July 2018 by Sylvia Carrasco and Fernando Ripolles, former City electronic trading pioneers from Credit Suisse and UBS, aims to remove barriers to retail gold trading and address questionable practices in the gold investment markets.

The application boasts about finding the best cost among all the gold merchants offering bids and offers inside the Goldex stage. Sylvia Carrasco, CEO of Goldex says,

Glint, a potent competitor holds physical gold and set their own prices for buying and selling, whereas Goldex does not hold any gold inventory.

The Company says that this process ensures savings of up to 12% on the exchanges and avoids any price manipulations and helps in keeping things transparent.

Tanya <span>Editor In Chief</span>
Written By
Tanya Editor In Chief

She is a content marketer and has more than five years of experience in IoT, blockchain, Web, and mobile development. In all these years, she closely followed the app development, and now she writes about the existing and the upcoming mobile app technologies. Her essence is more like a ballet dancer.

technology

OnePlus Enters The Top 5 Premium Smartphone Brands In The World

2 min read  

Year-on-year, smartphone companies outdo themselves and users’ expectations and bring crazy innovations to the market. Often new players find the gap and enter the smartphone market. OnePlus is no exception. In the sea of expensive and premium smartphone brands, OnePlus had very well understoo

technology

How AR and VR Will Reinvent The Food Industry

4 min read  

Augmented Reality and Virtual Reality are probably like the new band on the block that everyone either wants to make money off or enjoy their gift; in this case, their services. But who would've thought that Virtual and Augmented Reality would swoon our taste buds too? Although the cost of devel

technology

Can AI Chatbots Help Humans To Prepare For Their Death?

4 min read  

Artificial Intelligence may be in its initial phase when it comes to smartphones and other gadgets applications, but some are exploring the AI technology beyond imagination. The chatbots are normal nowadays and almost every one of us carries one of them in our smartphones embedded in the Messengers,

technology

How To Block Ads on Android Device Without Root

4 min read  

Since the dawn of time, we humans are being bombarded with advertisements with every possible way we can. And, in case you are a user like me, you will not like the experience at all.In fact, no one likes being broadcasted to a series of ads amidst something very interesting. Unlike yesteryears

MAD Originals
MAD Originals

Cut to the chase content that’s credible, insightful & actionable.

Get the latest mashup of the App Industry Exclusively Inboxed

  • PRODUCTS
  • SERVICES
  • BOTH