Categories: Agency News

NeoFinity introduces NeoVault — India’s first gold account offering 5% higher returns on digital gold investments

Riding on the success of its payment wearable NeoZAP, fintech firm NeoFinity has announced the launch of NeoVault, India’s first digital gold account that offers an additional 5% return over prevailing gold market performance, combining the legacy of gold with the liquidity of a bank account.

NeoVault allows users to invest, save, and grow their gold digitally while maintaining the flexibility of instant withdrawals. The account is powered by HDFC Bank and provides users with a personalised account number and UPI ID, enabling them to save money directly into gold through seamless digital transactions.

Under the model, users’ digital gold holdings are leased to verified jewellers such as Bluestone, generating additional returns through gold leasing while remaining fully backed by 24-karat physical gold stored securely with SafeGold. This structure makes NeoVault one of the highest-yielding gold investment options in the country.

This year, gold delivered returns of over 45% this year, reaching an all-time high. With NeoVault, investors can potentially enhance these returns through the extra 5% leasing yield, all while retaining instant liquidity and zero lock-in periods.

Key Features of NeoVault:

  • Extra 5% returns over gold’s market return by leasing digital gold to trusted jewellers like BlueStone.
  • Instant withdrawal as cash or physical gold, with no lock-in period.
  • Fully backed by 24K physical gold managed by trusted partners like SafeGold, BRINKS & Vistra.
  • Personalised account number and UPI ID by HDFC Bank to ensure legacy of gold with liquidity of digital banking.

Previously known for introducing India’s first RuPay-powered payment tag, NeoFinity continues its push to innovate in the fintech space with the launch of NeoVault, redefining how Indians save and grow their wealth in gold.

About NeoFinity:
NeoFinity focuses on creating tech first products for mobile first generation helping them  manage money better. Previously known for introducing NeoZAP payment tag – India’s leading payment wearable, now launching – NeoVault that marks their forway into creating digital savings product for next gen users.

Backed by Neo Group, one of India’s fastest-growing asset and wealth management firms managing over ₹45,000 crore worth of assets. With financial backing by Peak XV, MUFG Bank, etc. Neo is known for its meteoric rise in the HNI / ultra HNIs wealth management space.

Founder’s Quote:
“Gold has always been India’s most trusted form of wealth, but it’s been locked away for too long. With NeoVault, we’re reimagining gold as a living, earning asset—one that grows, moves, and works for you every day,” said Rayan Malhotra, Founder & CEO of NeoFinity. “Our vision is to merge the timeless value of gold with the power of digital finance, giving every Indian access to smarter, more rewarding wealth creation.”

Published by

Recent Posts

World Champion Boxer Announces Retirement at Age 36

Image Name: Kell Brook retires from boxing Image Credit: The Times & The Sunday Times…

9 months ago

ABC expands ‘The View’ with new series ‘The Weekend View

Image Name: The Weekend View Set Image Credit: Deadline ABC, yet another age-old legacy, has…

9 months ago

Biden Cancels Italy Trip to Meet Pope Due to LA Wildfires

Image Name: Joe Biden With Pope Francis Image Credit: MSN It seems that a twist…

9 months ago

Justin Trudeau Resigns as Canada’s Prime Minister

Image Name: Canada PM Trudeau Image Credit: The Hindu In a surprising announcement, the Prime…

9 months ago

It’s Official: Selena Gomez Is in Her Bridal Style Era

Image Name: Selena Gomez Is in Her Bridal Style Image Credit: MSN Selena Gomez steps…

9 months ago

John Cena kicks off WWE farewell tour by announcing his first match

Image Name: John Cena to enter 2025 Royal Rumble Image Credit: USA Today WWE superstar…

9 months ago