MariBank Launches S$1 Physical Gold Investment Fund for Singapore

Core Insights - MariBank, a digital bank subsidiary of Sea Limited, has launched Mari Invest Gold, enabling customers to invest in physical gold with a minimum entry of S$1, making it the first digital bank in Singapore to offer such low entry barriers [1] - The product aims to democratize access to gold, traditionally seen as a safe haven during economic uncertainty [1] Investment Structure and Security - The fund invests in physical gold bars with a purity of at least 99.5%, securely stored in vaults in Singapore, with Standard Chartered Bank Singapore acting as the custodian [2] - The investment tracks the performance of the London Bullion Market Association (LBMA) Gold Price AM, simplifying the complexities of commodities trading for customers [3] Product Suite Expansion - Mari Invest Gold is part of an expanding suite of wealth management products, including Mari Invest SavePlus, which has grown to S$1.135 billion in assets under management as of November 30, 2025 [4] - Another product, Mari Invest Income, has seen its assets under administration grow tenfold since its launch in February 2025, with approximately 30% of the customer base adopting at least one investment product [5] Strategic Partnerships and Goals - The partnership with Lion Global Investors for Mari Invest Gold aims to extend the appeal of gold to a new generation of digital investors, contributing to Singapore's status as a leading financial and gold hub [6]