Sabika Joins Sanabil Startup Unlocked by 500 Global to Support High-Growth Startups

Sabika, a fintech company specializing in precious metals trading, has announced its official selection to join the Sanabil Startup Unlocked by 500 Global program, one of the world’s leading startup support initiatives, organized through a collaboration between 500 Global and Sanabil Investments.

Highly Competitive

Sabika’s acceptance came after a highly competitive selection process involving thousands of startups, highlighting the strength of its business model and the real market value of the solutions it is building in the digital precious metals sector. The selection also reflects strong recognition from major global institutions that support innovation and entrepreneurship.

Significant Role

The company has already begun its first days in the intensive training program, which includes mentorship and advisory sessions with experts, investors, and founders from diverse industries. The program is expected to play a significant role in accelerating Sabika’s growth and expansion plans.

Digital Platform

Sabika operates a digital platform for buying, selling, and storing gold and silver, aiming to modernize how Egyptians access and invest in precious metals. The platform currently serves more than 60,000 users across 27 cities in Egypt and has surpassed EGP 1 billion in total gross merchandise value (GMV), reflecting strong user trust and steady market growth.

Real-Time Pricing

The platform offers real-time pricing, fast and simple transactions, secure storage, and full transparency, helping individuals protect their savings against inflation. All operations follow high security standards and are structured within a Shariah-compliant framework to ensure user confidence.

Sabika’s mission is to make owning gold and silver simple, transparent, and accessible to every Egyptian, starting from as little as one gram.