The gold-based fintech industry in Malaysia continues to grow positively as the number of gold ATMs nationwide is now approaching 150 units, with a target of reaching 200 units by the end of this year.
The addition focuses on Sabah and Sarawak, which are expected to receive 50 new units in stages to expand access to consumers.
Malaysian Gold Association (MGA) President, Datuk Louis Ng said that the increasing public confidence in vending machine technology has driven wider adoption of gold ATMs, with sales performance per machine showing consistent monthly growth.
The success of this innovation has also received international attention when Malaysian gold ATMs have been operating in Dubai and Indonesia, in addition to attracting interest from investors from Europe and Hong Kong.
Public Gold made history as the first company in the world to introduce a fintech-based gold ATM since 2023, and continued to strengthen its position through strategic collaboration at the Dubai Precious Metals Conference (DPMC) 2025.
At the same event, Public Gold’s entrepreneurial partner, Mohd. Zulkifli Shafie and Najdah Mohammed Hussain, were awarded the title 'Million Star Triple Diamond' for outstanding achievements in leadership, with a total reward worth RM2.09 million.