The FCA licensed fintech company Minted App, lets customers invest as much or as little as they want each month, as well as withdraw their physical gold and more recently, silver.
Since launching their mobile app in December 2021, Minted have experienced a 106% increase in user accounts to date, clearly showcasing the renewed appetite for precious metals in the current economic climate.
Along with placing single trades, the monthly accumulation plans with Minted offer the customers the ability to build a nest egg or set up a child plan from £30 per month, with the highest purity gold coming from the world renowned LBMA approved refinery partner, Nadir Metals.
Minted recently announced the addition of VAT free silver through a strategic partnership with the long established and reputable company, Chards. Adequately named, “Vaulted Silver”, joins their already thriving gold buying and selling service.
Early adopters of Vaulted Silver were rewarded with a free allocation of silver, causing a surge in activity resulting in a record-breaking month for revenue. Hamzah Almasyabi, one of the Co-Founders of Minted stated that “the launch of silver to the platform could not have come at a better time, with market sentiments being a clear indicator that people are actively looking for solutions to high inflation through moving money into alternative assets like precious metals, Minted are proud to offer an effective solution in what seem to be troubling times.”
Use cases for silver have developed fairly dramatically thanks to the increased manufacturing of products like electric car batteries and mobile phones, it would seem we are well on our way to seeing the silver lining in the basket of commodities. For now, at least, the popularity of alternative asset companies like Minted are offering a seamless way to enter a market that was not always the most accessible to everyday people.