Egyptian fintech startup Bokra, known for its goal-based investment and savings platform, has joined forces with Dahab Masr, a leading firm specializing in precious metals investments, to introduce a groundbreaking platform enabling users to invest and save in various precious metals such as gold, silver, and platinum.
The bokra app, renowned for its personalized and balanced financial and investment planning across different asset classes, marks a pioneering initiative by introducing asset-backed securities for the first time. It empowers users to manage and enhance their wealth through fractional ownership of diverse products tailored to their financial goals.
Read more: $4.6 Million Boost for Bokra, an Egyptian Wealth Management Fintech Startup.
Scheduled for launch in the second quarter of this year, bokra guides users through a comprehensive questionnaire to determine their risk appetite, investment horizon, and monthly contribution amount. Based on these insights, they are seamlessly matched with a portfolio comprising a blend of instruments aligned with their aspirations.
Having recently concluded a successful US$4.6 million pre-seed funding round, bokra now unveils its strategic partnership with Dahab Masr, an Egyptian entity renowned for its innovative investment solutions in the precious metals market. Together, they introduce the “bokra Dahab” platform, which offers individuals and SMEs in Egypt, the UAE, and Saudi Arabia the opportunity to diversify their investment portfolios while ensuring a secure and efficient process for investing in precious metals.
Ayman El-Sawy, founder and CEO of bokra Holding, expressed enthusiasm about the collaboration, stating, “Following our recent announcement of bokra’s goal-based investment app in asset-backed securities, we are proud to join forces with Dahab Masr to introduce our new platform, bokra Dahab. This collaboration allows us to expand our reach and provide investors with a unique opportunity to invest and save in precious metals. We are dedicated to introducing additional platforms in the near future, as we commit to transforming how individuals and SMEs approach wealth management, offering them the highest levels of seamlessness and security across our platforms.”
This partnership heralds the first of several strategic collaborations with industry leaders across different asset classes, aligning with bokra Holding’s commitment to extending its offering with the support of subject matter experts and seasoned market leaders.
