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Goldex raises £1M for its marketplace app for 'ethical' physical gold trading

Goldex raises £1M for its marketplace app for 'ethical' physical gold trading

Goldex, a trading app that claims to power so-called "ethical pricing" for retail gold investments, says it has now raised more than £1 million ($1.25 million) in a pre-Series A round led by a group of angels and institutional investors. Amongst those participating in the round are Prepaid Financial Services (a European payment card issuer); Gaël de Boissard, former Executive Board Member of Credit Suisse; Richard Balarkas, former president and CEO of Instinets; and Craig James, founder and CEO of Neopay. Goldex was launched in late July this year.