Gold Investment Platform Development
Budget: $250 – $750 USD
The project in one sentence
MySikaGold is building the digital equivalent of an investment bank focused on gold, allowing customers to buy, own, monitor, and eventually redeem physical gold through a secure, regulated investment platform.
What problem is MySikaGold solving?
Today, buying investment-grade gold is difficult for most people because it usually requires:
Large amounts of money
Visiting dealers
Trusting physical storage
Manual paperwork
Limited transparency
MySikaGold solves this by allowing someone to invest as little as the minimum investment into professionally managed gold funds through a mobile application while the actual gold is held under regulated custody.
The vision
Think of the platform as combining:
MTN MoMo
Fidelity Mutual Funds
Gold ETF investing
Mobile Banking
Treasury investment
Digital Wallet
into one application.
Instead of buying shares, users buy fractions of real gold.
Who will use the platform?
The RFP shows that this platform serves many different stakeholders—not only investors.
These include:
1. Retail Investors
The main mobile app users.
They should be able to:
Register
Verify identity
Buy gold
View portfolio
Monitor investment growth
Receive statements
Sell gold
Redeem physical gold
2. Diaspora Investors
People outside Ghana should be able to:
Register remotely
Complete international KYC
Pay with cards
Invest in Ghanaian gold
3. African Investors
Investors from other African countries will invest using PAPSS.
4. Fund Managers
They control:
NAV
Pricing
Fund approvals
Investment management
5. Trustees
They independently verify transactions and approve large redemptions.
6. GoldBod
Responsible for:
Gold supply
Gold verification
Gold custody records
7. Regulators
Including:
SEC Ghana
Financial Intelligence Centre (FIC)
NPRA
They receive compliance reports automatically.
What does an investor experience?
A customer journey looks like this:
Download the MySikaGold app.
Register an account.
Verify identity using Ghana Card and SmileID.
Set up a PIN.
Choose a gold fund.
View today's live gold price (NAV).
Deposit money using MoMo or GhanaPay.
Purchase fractional gold.
Receive confirmation and a digital receipt.
Watch the investment grow over time.
Receive monthly statements.
Later sell or redeem gold when those features are enabled.
Phase 1 (Pilot)
The Phase 1 Prompt Pack builds the first working version for approximately the first 1,000 investors. It includes:
Mobile app
Investor registration
Login
PIN authentication
Identity verification
Live gold pricing
Investor dashboard
MoMo payments
GhanaPay payments
Receipt generation
NAV calculation engine
Backend APIs
PostgreSQL database
Deployment on PAIX Accra infrastructure
At the end of Phase 1, a real investor should be able to register, verify identity, see live gold prices, and buy gold through the mobile app.
Phase 2 (Production)
Phase 2 transforms the pilot into a fully commercial platform by adding:
Flutterwave
PAPSS
GhIPSS Direct Debit
AML screening
Anti-money laundering engine
USSD
Web investor portal
WhatsApp notifications
Fund Manager portal
Trustee portal
GoldBod portal
Regulatory reporting
Stronger security
High-availability infrastructure
Full production deployment
The technology stack
The solution uses modern technologies including:
Frontend
React Native (Expo)
Next.js
Backend
NestJS
Database
PostgreSQL
Infrastructure
Docker
Cloudflare
PAIX Data Centre
Redis
MinIO
Vault
Integrations
SmileID
Hubtel
GhanaPay
GhIPSS
Mailgun
Metals API
Flutterwave
PAPSS
The business objective
The platform is not simply storing money.
It is managing regulated gold investment funds.
Three funds are defined:
SGAF – Sika Gold Accumulation Fund
SGD – SikaGold Diaspora Fund
SAF – SikaGold Africa Fund
What success looks like
When the project is complete:
Investors can safely invest in gold from anywhere.
Every investment is verified.
Payments reconcile automatically.
Gold holdings are tracked accurately.
Daily NAV is calculated automatically.
Statements are generated automatically.
Regulators receive required reports.
Fund managers and trustees oversee operations through dedicated portals.
The platform is secure, scalable, and ready for commercial launch.
My assessment
This is an enterprise-scale financial platform, comparable in complexity to building:
a digital bank,
a mutual fund management system,
a payment gateway,
a regulatory reporting system,
and a mobile investment application,
all integrated into one ecosystem. The accompanying Requirements Traceability Matrix is intended to ensure that every requirement in the RFP is covered by the Phase 1 and Phase 2 prompt packs before launch.
MySikaGold is building the digital equivalent of an investment bank focused on gold, allowing customers to buy, own, monitor, and eventually redeem physical gold through a secure, regulated investment platform.
What problem is MySikaGold solving?
Today, buying investment-grade gold is difficult for most people because it usually requires:
Large amounts of money
Visiting dealers
Trusting physical storage
Manual paperwork
Limited transparency
MySikaGold solves this by allowing someone to invest as little as the minimum investment into professionally managed gold funds through a mobile application while the actual gold is held under regulated custody.
The vision
Think of the platform as combining:
MTN MoMo
Fidelity Mutual Funds
Gold ETF investing
Mobile Banking
Treasury investment
Digital Wallet
into one application.
Instead of buying shares, users buy fractions of real gold.
Who will use the platform?
The RFP shows that this platform serves many different stakeholders—not only investors.
These include:
1. Retail Investors
The main mobile app users.
They should be able to:
Register
Verify identity
Buy gold
View portfolio
Monitor investment growth
Receive statements
Sell gold
Redeem physical gold
2. Diaspora Investors
People outside Ghana should be able to:
Register remotely
Complete international KYC
Pay with cards
Invest in Ghanaian gold
3. African Investors
Investors from other African countries will invest using PAPSS.
4. Fund Managers
They control:
NAV
Pricing
Fund approvals
Investment management
5. Trustees
They independently verify transactions and approve large redemptions.
6. GoldBod
Responsible for:
Gold supply
Gold verification
Gold custody records
7. Regulators
Including:
SEC Ghana
Financial Intelligence Centre (FIC)
NPRA
They receive compliance reports automatically.
What does an investor experience?
A customer journey looks like this:
Download the MySikaGold app.
Register an account.
Verify identity using Ghana Card and SmileID.
Set up a PIN.
Choose a gold fund.
View today's live gold price (NAV).
Deposit money using MoMo or GhanaPay.
Purchase fractional gold.
Receive confirmation and a digital receipt.
Watch the investment grow over time.
Receive monthly statements.
Later sell or redeem gold when those features are enabled.
Phase 1 (Pilot)
The Phase 1 Prompt Pack builds the first working version for approximately the first 1,000 investors. It includes:
Mobile app
Investor registration
Login
PIN authentication
Identity verification
Live gold pricing
Investor dashboard
MoMo payments
GhanaPay payments
Receipt generation
NAV calculation engine
Backend APIs
PostgreSQL database
Deployment on PAIX Accra infrastructure
At the end of Phase 1, a real investor should be able to register, verify identity, see live gold prices, and buy gold through the mobile app.
Phase 2 (Production)
Phase 2 transforms the pilot into a fully commercial platform by adding:
Flutterwave
PAPSS
GhIPSS Direct Debit
AML screening
Anti-money laundering engine
USSD
Web investor portal
WhatsApp notifications
Fund Manager portal
Trustee portal
GoldBod portal
Regulatory reporting
Stronger security
High-availability infrastructure
Full production deployment
The technology stack
The solution uses modern technologies including:
Frontend
React Native (Expo)
Next.js
Backend
NestJS
Database
PostgreSQL
Infrastructure
Docker
Cloudflare
PAIX Data Centre
Redis
MinIO
Vault
Integrations
SmileID
Hubtel
GhanaPay
GhIPSS
Mailgun
Metals API
Flutterwave
PAPSS
The business objective
The platform is not simply storing money.
It is managing regulated gold investment funds.
Three funds are defined:
SGAF – Sika Gold Accumulation Fund
SGD – SikaGold Diaspora Fund
SAF – SikaGold Africa Fund
What success looks like
When the project is complete:
Investors can safely invest in gold from anywhere.
Every investment is verified.
Payments reconcile automatically.
Gold holdings are tracked accurately.
Daily NAV is calculated automatically.
Statements are generated automatically.
Regulators receive required reports.
Fund managers and trustees oversee operations through dedicated portals.
The platform is secure, scalable, and ready for commercial launch.
My assessment
This is an enterprise-scale financial platform, comparable in complexity to building:
a digital bank,
a mutual fund management system,
a payment gateway,
a regulatory reporting system,
and a mobile investment application,
all integrated into one ecosystem. The accompanying Requirements Traceability Matrix is intended to ensure that every requirement in the RFP is covered by the Phase 1 and Phase 2 prompt packs before launch.