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A new path toward financial security is taking shape in Brazil. We’re pleased to announce that Phi Wallet is officially launching in Brazil, with our debut taking place at Web Summit Rio 2025.

As one of the region’s leading technology and innovation events, Web Summit offers an ideal stage to introduce Phi Wallet to Brazil’s fintech community and the broader public. It’s an opportunity to engage with forward thinking individuals who are looking for new ways to build and protect their financial futures.

At booth E459, we’ll be demonstrating how Phi Wallet gives users the ability to buy, store, and resell fully allocated physical gold. The process is seamless, accessible from anywhere, and always backed 1:1 by real, tangible gold.

Born in Portugal and built on trust, Phi Wallet empowers people around the world to take control of their financial future. As Brazil navigates rising inflation (projected to reach 5.48%) we offer an alternative that helps preserve purchasing power: direct access to LBMA-certified physical gold, stored in world-class vaults and accessible through a user-friendly mobile app.

“Gold has always been a pillar of financial security,” says our CEO, Eslam Anbar. “Our mission is to remove the barriers that made it hard for everyday people to invest in real assets. We’re proud to bring that mission to Brazil.”

Through our app, Brazilians will be able to:

  • Buy and sell physical gold 24/7 from their phone

  • Own fractional shares of fully allocated gold, stored in secure vaults in Singapore

  • Track every transaction with blockchain-verified transparency

  • Redeem their gold physically at any time

  • Enjoy a Sharia-compliant, secure financial experience

After powerful showings at Web Summit Lisbon and Web Summit Qatar, our presence in Rio represents the next step in our journey, extending our mission of ethical, borderless finance to Latin America.

Learn more at www.phiwallet.com

Media inquiries: press@phiwallet.com