19 August 2021

Minted releases saving and investing app 

Written By FinTech Alliance

Minted releases saving and investing app 

Minted has launched a new savings app enabling people to invest in precious metals. 

In Brief:

Minted is a UK based FinTech that has gained an FCA licence. 

Customers can invest from as little as £30 per month. 

They can purchase gold and store it for free in a vault. 

What does this mean?

Minted aims to make investing in gold more accessible for consumers. 

We spoke with Co-Founder Shahid Munir late last year, who commented: 

“We started this company because we wanted to give customers a good deal when investing in gold, and we want everything to be black and white.” This element of accessibility, Munir says, will have a huge impact on young people today and the way they manage money. “We live in a very fast paced environment. Savings amongst millennials are at an all time low. It’s become almost a trend to live month to month.

“By making gold accessible, people can put money into a physical asset which makes them think twice before spending it.” On the Minted platform, there is an option to sell instantly, but Beta testing has found a very small number of people choose to sell. “Once people buy it, they’re happy to hold it,” Munir explains, “That’s exactly what you should be doing with gold. It’s something that grows, and throughout history we’ve seen it outperform inflation and keep its value.”

Read more here. 

Up Next ...
23 May 2022

Tranch is the UK’s latest BNPL for business

Tranch, a B2B buy now, pay later company, has come ...

23 May 2022

Binance partners with FinTech entrepreneur body

Binance UK, the UK arm of the cryptocurrency platform, is ...

23 May 2022

Atom Bank mulls US IPO

UK-born digital bank Atom is reportedly considering an IPO in ...

22 May 2022

SPIN Analytics' latest interview in the US Market

Written By: SPIN Analytics

SPIN Analytics | A company and founder on a mission to change the underpinning of finance and banking as we know it!

More in Investment

Atom Bank mulls US IPO

23 May 2022

UK-born digital bank Atom is reportedly considering an IPO in ...

MarketFinance raises £100mn financing from Deutsche Bank, eyes unicorn status

20 May 2022

MarketFinance, a payments and credit FinTEch, has just raised £100mn ...

Experian invests $7.9mn in data FinTech MOVA

17 May 2022

Experian, the credit reporting business, has invested $7.9mn in MOVA, ...

Digital asset business Elwood raises $70mn from Goldman Sachs, Dawn Capital

17 May 2022

Elwood Technologies, a digital asset platform, has raised $70mn funding ...

Articles Investment

N26 on: Women and investing - Closing the gender gap

27 April 2022

Investing helps us grow our savings, build wealth, and support projects we believe in. But the gende...

White Papers Investment

Redefining FinTech

20 December 2021

Anthemis provides an introduction to fintech and a broad view of the investment opportunities presen...

White Papers Investment

Emerging Tech Research: Fintech

20 December 2021

Fintech investors and entrepreneurs continue to reap the rewards of an acceleration in digital trans...

White Papers Investment

Q3 2021 EVM Fintech Venture Investment Report

20 December 2021

The Q3 2021 Emerging Venture Markets (EVM) Fintech Venture Investment Report is one of MAGNiTT's fla...

PR strategies to attract the widest pool of VC and Angel Investors

PR strategies to attract the widest pool of VC and Angel Investors

24 May 2022

11:00 AM - 12:00 PM

LinkedIn

Free