Dubai - Sharikat Mubasher: OGold, a premier Shariah-compliant gold and silver-backed Super App, secured a strategic investment from Plug and Play Ventures to expand its geographic footprint, scaling operations beyond the UAE into high-growth international markets to capture the rising demand for digital precious metals.

A primary portion of the investment will drive continuous product innovation, focusing on the global rollout of the OGold App and the Mastercard to enhance cross-border utility and lifestyle rewards, the company announced in a recent statement.

By joining the Plug and Play portfolio, OGold gains access to a network of over 550 corporate partners and 60 global locations. This strategic alliance combines OGold’s ethical financial framework with world-class scaling expertise.

Bandar Alothman, Founder of OGold, affirmed that the investment marks a powerful testament to OGold’s vision and the scalable infrastructure it has built. “With Plug and Play’s backing, we are entering a new phase of growth where we will scale our infrastructure, expand our product offerings like the OGold Mastercard, and reach new markets. This is the next step in redefining how the world interacts with gold and silver.”

For his part, Alireza Masrour, General Partner at Plug and Play Ventures, said: “By bridging traditional asset security with a modern, scalable 'Super App' ecosystem, OGold perfectly aligns with our mission to support transformative technologies that have the potential to lead on a global stage.”

OGold is a UAE-based fintech platform and a gold-backed Super App, dedicated to making precious metal ownership accessible, liquid, and spendable for everyone. By bridging the gap between traditional wealth preservation and modern commerce, the platform enables users to save, earn, and spend physical gold in real time.