Goldwise, a new financial technology firm based in the UK and founded by ex-Royal Mint executives, has introduced a mobile trading platform aimed at simplifying the process of purchasing, managing, and selling fractional investments in precious metals such as gold, silver, platinum, and palladium.
The platform is powered by the Goldwise Engine, a proprietary enterprise-level system that streamlines customer onboarding, institutional pricing, execution, payments, allocation, custody, and recordkeeping. This advanced infrastructure connects directly to the global precious metals market, enabling customers to trade investment-grade, London Bullion Market Association (LBMA)-approved bars starting from just £5 (0.001 troy ounces). Users will also benefit from 24/7 trading capabilities, conditional orders, and real-time portfolio tracking.
Goldwise offers two main distribution channels: the Goldwise App, which is a direct-to-consumer mobile application, and Goldwise Connect, a service that allows wealth platforms and financial institutions to incorporate physical precious metals trading via a single integration. This dual-channel strategy positions Goldwise as both a consumer-oriented FinTech and a foundational infrastructure provider within the broader wealth management ecosystem.
As part of its launch, customers will enjoy a complimentary 12 months of vaulting services with clear disclosure of trading fees and no hidden costs in quoted prices. All physical metal holdings are reconciled on a daily basis and securely stored in insured, audited institutional vaults located in key financial hubs such as London, Zurich, and New York. Customer funds are also safeguarded under FCA-regulated e-money regulations.
Co-founder Gareth Tucker remarked, “While investing in various asset classes has become increasingly streamlined and accessible, the same cannot be said for physical precious metals. Many consumers still encounter outdated purchasing options, inflated pricing, and limited trading capabilities. Goldwise aims to address these shortcomings by making the process of investing in precious metals straightforward, secure, and efficient for all.”
The launch of Goldwise comes at a time of heightened interest in physical precious metals, fueled by inflationary pressures, soaring government debt, geopolitical tensions, and ongoing central bank acquisitions. Additionally, there is rising industrial demand related to aerospace and renewable technologies. Precious metals not only act as a safe haven during turbulent times but also form integral components of modern technologies, highlighting their importance for the future.
Co-founder Jatin Patel noted, “Many savers and investors face challenges accessing physical precious metals through their current banking or wealth management platforms due to impractical amounts and high fees. Goldwise is committed to transforming that experience.”
“Our initial focus will be on the UK market, followed by expansion throughout Europe, the US, and Asia. We aim for Goldwise to serve as a critical infrastructure provider that connects the global physical precious metals ecosystem and enhances access to these valuable resources.”