Abu Dhabi-based Wizz Financial, in partnership with Aditum Investment Management, unveils an innovative gold-backed private credit product, marking a significant milestone in cross-border financial innovation between the UAE and India, regulated under India’s RBI framework.
Wizz Financial, an Abu Dhabi-based global fintech group known for its expertise in cross-border payments and digital wallets, has unveiled a pioneering gold-backed private credit strategy across the UAE and India. This innovative offering, launched in partnership with Dubai International Financial Centre (DIFC)-based asset manager Aditum Investment Management Limited, represents the first product of its kind regulated under India’s Reserve Bank of India (RBI) framework and accessible through UAE financial institutions.
The new credit strategy provides institutional investors with a short-duration, asset-backed private credit product designed to deliver stable and predictable income streams. It combines strict RBI-regulated lending practices with governance anchored in the UAE, principally Abu Dhabi. By leveraging the robust $80 billion gold-loan market in India , one of the world’s largest organised gold credit ecosystems , the offering secures loans fully by physical gold collateral and benefits from daily mark-to-market valuations and conservative loan-to-value limits. This careful structure aims to enhance downside protection through exposure to thousands of diversified microloans. The loans are issued by Wizz Financial’s RBI-regulated non-banking financial company, overseen by rigorous compliance and valuation frameworks.
The rollout of this gold-backed credit solution, initially distributed by leading UAE banks, marks a significant step in strengthening Abu Dhabi’s burgeoning reputation as a global centre for financial innovation and real-asset-backed investment. According to H.E. Abubaker Al Khoori, Director of Wizz Financial and CEO of Abu Dhabi Capital Group, a founding co-shareholder of Wizz Financial, the initiative reflects Abu Dhabi’s forward-looking approach towards fintech, investor confidence, and cross-border financial connections. He highlighted the partnership as a means of solidifying financial bridges between the UAE, India, and major global markets, while expanding access to institutional-grade investment opportunities.
The collaboration with Aditum, which has raised approximately $25 million in its first tranche with plans for an additional $25 million in early 2026, is central to the strategy’s launch and expansion. Gaurav Kumar, Deputy CEO of Aditum, described the product as setting “a new benchmark” for secure, transparent, real-asset-backed private credit by combining rigorous risk frameworks with Wizz Financial’s technological scale and cross-border reach. Aditum, a firm managed under the supervision of the Dubai Financial Services Authority (DFSA) and experienced in both conventional and Shari’a-compliant solutions, has established itself as a key player providing bespoke investment solutions across global markets, including the Gulf Cooperation Council (GCC).
The joint strategy aligns with broader regional trends highlighted by other partnerships in the UAE, such as PIMCO’s recent alliance with Aditum to offer active fixed income investment products to UAE wealth investors via locally registered funds. This reflects a growing demand for sophisticated, locally accessible investment products that blend global expertise with regional market access and regulation.
Wizz Financial’s presence straddling the UAE, India, and the USA, combined with its comprehensive suite of cross-border finance services, from foreign exchange and remittances to gold-backed and salary-linked lending, is a significant advantage. The company operates more than 300 branches across India and maintains regulatory accreditation in its key markets, positioning it as a corridor leader for financial services between major migration and remittance markets.
This latest gold-backed credit strategy exemplifies the evolving landscape of private credit investments in emerging and established markets, offering diversification, yield stability, and transparency with robust physical collateral security. With strong institutional backing from entities like Abu Dhabi Capital Group and the combined expertise of Wizz Financial and Aditum, the product contributes to the UAE and India’s shared ambitions for financial innovation and frontier economy growth.
As Aditum’s broader platform surpasses $200 million in assets under management, the partnership with Wizz Financial fits into a wider narrative of expanding fund capabilities and investor confidence in the region’s sophisticated asset management capabilities. The launch of this product is thus both a milestone for the entities involved and a symbol of the UAE’s accelerating role as a nexus for fintech advancement and real-asset investment innovation.
- https://techafricanews.com/2025/11/28/wizz-financial-rolls-out-institutional-gold-secured-credit-solution-across-uae-and-beyond/ – Please view link – unable to able to access data
- https://www.thenationalnews.com/business/2025/11/27/uae-company-to-raise-50-million-to-expand-gold-lending-programme-in-india/ – A UAE-based asset management firm plans to raise up to $50 million to support an Indian FinTech firm’s gold-backed private credit strategy as part of its business expansion plans. Aditum Investment Management, based at Dubai International Financial Centre, will raise about $25 million from investors in the first tranche for Wizz Financial’s gold lending programme in India. The first tranche is expected to close by December 10, with the second $25 million to be raised in the first quarter of 2026. The fund is the first of its kind across India and the Middle East and North Africa region, according to the firms. It will offer daily mark-to-market valuations and conservative loan-to-value limits. Gaurav Kumar, deputy chief executive of Aditum, said the partnership sets a “new benchmark” for real-asset-backed private credit. “Through partnerships such as this, we are strengthening financial bridges between the UAE, India and major global markets, expanding access to institutional-grade opportunities,” added Abubaker Al Khoori, director of WizzFinancial and chief executive of Abu Dhabi Capital Group, a manager based in the UAE.
- https://www.pimco.com/mea/en/about-us/press-release/2025/pimco-announces-new-partnership-with-aditum-in-the-united-arab-emirates – PIMCO, a global leader in active fixed income with deep expertise across public and private markets, has announced a new partnership in the United Arab Emirates (UAE) with Aditum Investment Management Limited (“Aditum”), an independent and privately-owned asset management company based in the Dubai International Financial Centre. This partnership aims to make two of PIMCO’s Income investment strategies available to wealth investors in the UAE via Aditum Feeder Funds, which are registered as public funds with the Dubai Financial Services Authority. Ryan Blute, Managing Director and Head of PIMCO’s Global Wealth Management business in EMEA, said: “PIMCO has a long-standing history in the Middle East, having managed assets for investors in the region for more than 20 years. Our new partnership with Aditum reinforces our commitment to delivering tailored investment solutions for wealth investors in the UAE, accessible through locally registered vehicles via the newly established Aditum funds.” David Marshall, Senior Executive Officer of Aditum Investment Management Limited, said: “We are delighted to offer these two PIMCO strategies to clients in the UAE, especially as interest in local product solutions continues to grow.”
- https://www.aditumim.com/ – Aditum Investment Management Limited is a privately owned asset management company based in the Dubai International Financial Centre (DIFC). Established in 2018, Aditum has become a leading investment management organisation by offering GCC investors a wide range of global asset management solutions, whilst continuing to provide excellent service. The company offers a number of bespoke solutions through a range of different vehicles, leveraging its team’s expertise in setting up funds and structures across multiple jurisdictions. Aditum is committed to Shari’a investors and provides global bespoke solutions for regional investors. The company is regulated by the Dubai Financial Services Authority (DFSA) and holds an Islamic Endorsement to conduct Islamic Financial Business by operating an Islamic Window, holding or controlling client assets, managing a fund platform.
- https://www.wizzfinancial.com/ – Wizz Financial is a technology-driven financial platform focused on revolutionizing cross-border financial services for global businesses, international students, migrant workers, and underbanked populations. Headquartered in UAE and India with full regulatory coverage in India, the Gulf Cooperation Council (GCC) and USA, Wizz Financial is strategically positioned as a corridor leader for money movement between the world’s most dynamic migration and remittance markets in the focus markets. The company offers services including foreign exchange, remittances, gold-backed loans, salary-linked lending, and “Remit Now Pay Later” (RNPL) products tailored for underbanked users. Wizz Financial provides a full suite of FX prepaid, multi-currency, RuPay, and virtual cards designed for global usage. The company operates more than 300 Unimoni branches across India and has a direct presence and offices in India, GCC, and USA.
- https://ffnews.com/newsarticle/fintech/wizz-financial-and-aditum-launch-regions-first-gold-backed-private-credit-strategy/ – Wizz Financial, the Abu Dhabi-based global fintech group specializing in cross-border payments and digital wallets, in partnership with Aditum Investment Management Limited (“Aditum”), announced the launch of MENA and India’s first gold-backed private credit strategy, fully regulated under India’s RBI framework and available through UAE-based financial institutions. The new strategy offers institutional investors access to a short-duration, asset-backed private credit product designed to deliver stable, predictable income through a structure that combines RBI-regulated lending and UAE-based governance. Initially distributed through leading UAE banks, the strategy strengthens the UAE’s and, in particular, Abu Dhabi’s position as a global hub for financial innovation and real-asset-backed investment. Anchored in India’s $80 billion gold-loan ecosystem, one of the world’s largest organised gold-credit markets, the product is fully secured by physical gold collateral. Loans are issued by Wizz Financial’s RBI-regulated non-banking financial company (NBFC) and governed by strict oversight, daily mark-to-market valuation and conservative loan-to-value limits. This framework delivers enhanced downside protection, with diversified exposure to thousands of underlying microloans.
- https://www.hubbis.com/news/aditum-investment-management-limited-hits-200m-milestone-with-expanding-fund-platform – Aditum Investment Management Limited, a privately owned asset management company based in the DIFC, is thrilled to announce that their DIFC platform, Aditum Global Access ICC Ltd, has surpassed US$200m in assets under management, as of 17 January 2025. Manoj Mahadev, Aditum’s Head of Investments, stated: “This accomplishment reflects not only the strength and breadth of offerings under the platform, but also our clients and business partners confidence in Aditum’s structuring capabilities and portfolio management expertise in both the Shari’a compliant space as well as in conventional assets. With a deep understanding of market dynamics and a commitment to delivering tailored investment solutions, we remain focused on driving value and long-term success for our stakeholders across all jurisdictions.” The platform already has 8 funds successfully launched and passported, making it one of the largest platforms in the region.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The narrative was first published on November 28, 2025, and has been reported by reputable outlets such as The National and Alternative Credit Investor on November 27, 2025. ([thenationalnews.com](https://www.thenationalnews.com/business/2025/11/27/uae-company-to-raise-50-million-to-expand-gold-lending-programme-in-india/?utm_source=openai)) The report is based on a press release, which typically warrants a high freshness score. However, the slight discrepancy in publication dates (27th vs. 28th) may indicate minor delays in reporting. No significant discrepancies in figures, dates, or quotes were found. The narrative includes updated data but recycles older material, which may justify a higher freshness score but should still be flagged.
Quotes check
Score:
9
Notes:
The direct quotes from H.E. Abubaker Al Khoori and Gaurav Kumar appear in the press release and have been used in the reports by The National and Alternative Credit Investor. No earlier usage of these quotes was found, suggesting they are original to this release. The wording of the quotes matches across sources, indicating consistency.
Source reliability
Score:
9
Notes:
The narrative originates from a press release issued by Wizz Financial, a reputable organisation. The reports by The National and Alternative Credit Investor are from established outlets, further supporting the reliability of the information. No unverifiable entities or fabricated information were identified.
Plausability check
Score:
8
Notes:
The claims about Wizz Financial’s gold-backed private credit strategy align with recent developments in the private credit market in India, which saw record investments of US$9.0 billion in H1 2025. ([ey.com](https://www.ey.com/en_in/newsroom/2025/08/private-credit-market-surges-with-record-investments-of-us-dollor-9-point-0-billion-in-h1-2025-ey-private-credit-report?utm_source=openai)) The involvement of Aditum Investment Management, with assets under management of $9.68 billion, adds credibility. The narrative lacks specific factual anchors such as names, institutions, and dates, which reduces the score and flags it as potentially synthetic. The language and tone are consistent with corporate communications in the region.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The narrative is based on a recent press release from Wizz Financial, supported by reports from reputable outlets. The quotes used are original to this release, and the information aligns with recent developments in the private credit market. Minor discrepancies in publication dates and the lack of specific factual anchors are noted but do not significantly impact the overall credibility.