VMPL

New Delhi [India], October 16: 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 w

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