Hello Gold Sdn. Bhd.
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Hello Gold Sdn. Bhd. - overview
Established
2015
Location
Kuala Lumpur, -, Malaysia
Primary Industry
Financial Services
About
Based in Malaysia, Hello Gold Sdn. Bhd. is a digital gold marketplace that provides a platform for individuals and businesses to buy, sell, and store gold conveniently. Hello Gold Sdn.
Bhd. was founded in 2015 and is headquartered in Kuala Lumpur, Malaysia. The company specializes in offering a digital platform for gold transactions. Antonio Delorenzo, Ridwan Abdullah, and Samuel Woodcock are the founders, with Robin Lee serving as the CEO.
In January 2023, Hello Gold Sdn. Bhd. raised USD 9. 70 mn in a Seed funding round, bringing the total amount raised to USD 9.
70 mn, with a current company valuation of USD 10. 33 mn. The company has completed 5 deals, with the most recent occurring on 2023-01-26. Hello Gold primarily operates in the digital gold marketplace, offering a platform for individuals and businesses to buy, sell, and store gold.
Their core product is a mobile application that enables users to purchase gold in small increments, allowing for accessibility to the precious metal. The platform features a user-friendly interface, facilitating real-time transactions and enabling customers to manage their gold assets directly from their devices. The company serves retail investors and financial institutions across Southeast Asia, addressing the growing demand for investment alternatives in emerging markets. In the most recent year, Hello Gold reported revenue of USD 3,514,179.
60 and an EBITDA of USD -364,198. 30. They generate revenue through transaction fees and service charges associated with their platform, alongside potential subscription-based services that enhance user experience. In February 2023, Hello Gold Sdn.
Bhd. discontinued its operations in Thailand and Malaysia. The company plans to utilize its recent funding to reassess and potentially innovate its product offerings, focusing on new market entries and product launches in the near future.
Current Investors
Dani Sdn Bhd, 500 Global, FHFT
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.hellogold.com
Verticals
FinTech, Mobile Apps
Company Stage
Ceased Operations
Total Amount Raised
Subscriber access only

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