Dahab Masr, Blnk partner to create new gold investment opportunities in Egypt

Dahab Masr announced on Tuesday its strategic partnership with Blnk, a leading company in financial technology solutions (FinTech), to enable various segments of society to invest in this sector effectively and transparently.

The application will facilitate the investment process for the interest users in compliance with the rules set forth by the Financial Regulatory Authority (FRA), according to Dahab Masr’s statement.

FRA’s rules will include the following protocols: Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter-Terrorism Financing (CFT). This enables flexible payment plans and the instant purchase of financial assets.

“Our goal is to offer investment solutions that exceed customer expectations,” said Tamer El-Ghandour, the CCO of Blnk. For his side, Amr Fouad, co-founder of Dahab Masr, also expressed his enthusiasm for this alliance in the FinTech sector, the statement added.

Dahab Masr has transformed the dynamics of the precious metals market in Egypt, shifting it from a traditional model to a modern digital model that aligns with the global trend of investing in physical gold and the Egyptian culture.