Wizz Financial, the Abu Dhabi-based global FinTech group specialising in cross-border payments and digital wallets, has partnered with Aditum Investment Management Limited to debut what they describe as MENA and India's first gold-backed private credit strategy.
Fully regulated under India's Reserve Bank of India (RBI) framework and offered through UAE-based financial institutions, the launch marks a significant regional milestone.
The companies said the new product has been introduced to give institutional investors access to a short-duration, asset-backed private credit option capable of delivering stable and predictable income.