Ubuntu Tribe

Ubuntu Tribe is a fintech startup that aims to democratize access to real-world assets, starting with gold. The company's slogan, "We promote shared prosperity and financial inclusion by democratizing access to gold through advanced technologies," encapsulates its mission. The Gold International Fungible Token (GIFT) is a digital certificate offered by Ubuntu Tribe, representing ownership of physical gold and tied to the international spot price. One GIFT is equivalent to 1 milligram of gold, priced at approximately 10 US cents, making gold ownership affordable and accessible. The Utribe Wallet provides a mobile phone portal to borderless opportunities, enabling individuals to participate in the ownership of gold. Founded in 2018, Ubuntu Tribe's vision is to ensure equal access opportunity for all, irrespective of their socioeconomic background or place of birth. The company seeks to foster financial freedom and global inclusion through its innovative approach to asset democratization. Despite not having disclosed specific industries or a defined headquarter location, Ubuntu Tribe's unique value proposition and focus on financial inclusion indicate potential for disruption within the fintech and precious metals industries. Although details about the last investment and last investors are not currently available, Ubuntu Tribe's proposition is aligned with the growing demand for accessible investment opportunities and financial inclusion. As such, it presents an intriguing prospect for venture capital investment, particularly for funds seeking to support innovative financial technologies that promote economic empowerment and accessibility.