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Companies›Milli

Milli

FintechIndependentIn the registry
Entity IDIR-CO-064
SectorFintech
Founded2023
HQTehran
VerificationReported

Gold micro-savings platform, unit is 1 milligram of 18K gold

Doing business with Milli? Check who legally owns and runs it: registry identity, capital and current board from the Official Gazette, in English with the Persian source, in three working days for USD 750. Full dossier with audited figures and competitors, USD 3,000. Order a Milli registry check · see a free sample

MetricsBusinessLeadershipOwnershipTimelineSources
Operating metrics, period-stamped
User baseAs at September 2026Conflicting evidence
Company states more than 27 million active users. Tehran Index does not republish this figure as fact.
Milli, company website ↗ · retrieved 2026-09-0227 million would be roughly 30 percent of Iran's approximately 90 million population, and a majority of the adult smartphone base, which no Iranian vertical fintech has demonstrated. The same page separately describes "several million users daily", an order of magnitude apart from the implied daily share of a 27 million active base. The consistent reading is cumulative registrations, not active users. Held as conflicting pending a figure with a stated definition.
Business model & group
ProductCompany disclosed
Online purchase and sale of 18-carat melted gold from a minimum of one milligram, tradable at any hour, with the company stating buy and sell prices are identical, and physical redemption available as gram bars.
Milli, company website ↗ · retrieved 2026-09-02
Custody and oversightCompany disclosed
Customer gold is held in cooperation with Bank Kargoshaei, and the company states its activity is supervised by the Gold and Jewellery Union.
Milli, company website ↗ · retrieved 2026-09-02Custody bank and supervising union named by the company. Not confirmed with either institution.
Licences claimedCompany disclosed
Retail melted-gold trading permit, gold wholesale (bonakdari) permit, permit from the Computer Trade Organisation of Iran, and a Chamber of Commerce membership card.
Milli, company website ↗ · retrieved 2026-09-02Listed by the company without permit numbers. Not verified against the issuing bodies.
Adjacent productsCompany disclosed
Instalment gold purchase, a goods loan against stored gold requiring no guarantor, gold gift cards, and a "Milli Card" that spends saved gold on everyday purchases. Branches and agencies operate in Tehran and several provinces.
Milli, company website ↗ · retrieved 2026-09-02The lending product is material: it makes Milli a consumer credit provider as well as a gold platform. Counterparty and licensing basis for the loan are not stated on the page.
Leadership
CEO (Official Gazette board notice)Board resolution of 22 June 2026; notice published 18 August 2026Official record
The Official Gazette notice published in gazette 23705 (Tehran edition) on 18 August 2026 records that the board, by resolution of 22 June 2026, named Saeed Ali Asgari chief executive, from outside the board and the shareholders, for a term to 21 June 2028.
Official Gazette of the Islamic Republic of Iran, legal-notices portal, notice detail ↗ · retrieved 2026-10-06Read directly on the Official Gazette legal-notices portal on 6 October 2026. All 22 notices the portal lists for the company were opened; this is the newest to name a chief executive. The passage leaves out the personal identifier the notice prints after the name.
Ownership & capital
Brand to operator, stated by the company itselfCompany disclosed
The company's own page names سرمایه زرین ماندگار as the operator behind the brand. The passage is quoted verbatim in the source passage.
milli.gold (company website) ↗ · retrieved 2026-09-17Corroborated: two independent reads of this page returned the same sentence.
Registered capital (latest Official Gazette capital notice)Latest capital notice, published 30 September 2025; notices checked to 18 August 2026Official record
The most recent capital notice in the Official Gazette, published in gazette 23449 (Tehran edition) on 30 September 2025, records an extraordinary general meeting of 5 May 2025 raising capital from 10,000,000 rial to 250,000,000,000 rial, divided into 100,000 shares of 2,500,000 rial (74,000 registered ordinary and 26,000 registered preferred shares), entirely by converting matured claims. Registered capital is a nominal legal figure and is not a valuation.
Official Gazette of the Islamic Republic of Iran, legal-notices portal, notice detail ↗ · retrieved 2026-10-06Read directly on the Official Gazette legal-notices portal on 6 October 2026. All 22 notices the portal lists for the company were opened; none published after this one changes the capital. Matured claims (مطالبات حال شده) are debts the company owed that were converted into shares; the notice states no new cash.
Signals & timeline, Milli mentions
2026-10-06Milli platform settles 6900 billion toman payments to users2026-10-05Okala reaches 26 million users and expands to 275 cities2026-09-30Order issued to release Milli platform's gold assets2026-09-30Milli gold assets released by Bank Kargoshai, settlements resume2026-09-29Fiber optic connections reach over 2 million subscribers in Iran2026-09-2910 million electronic checks issued by banking customers2026-09-27189 million online purchases through payment facilitators in the year to March 20252026-09-27Digipay launches 400 million toman loan with digital gold collateral

From the published signal feed; each record links to its source. All signals →

Source ledger, every field, its evidence
ProductCompany disclosed
Online purchase and sale of 18-carat melted gold from a minimum of one milligram, tradable at any hour, with the company stating buy and sell prices are identical, and physical redemption available as gram bars.
Milli, company website ↗ · retrieved 2026-09-02retrieved 2026-09-02
Brand to operator, stated by the company itselfCompany disclosed
The company's own page names سرمایه زرین ماندگار as the operator behind the brand. The passage is quoted verbatim in the source passage.
milli.gold (company website) ↗ · retrieved 2026-09-17retrieved 2026-09-17
Custody and oversightCompany disclosed
Customer gold is held in cooperation with Bank Kargoshaei, and the company states its activity is supervised by the Gold and Jewellery Union.
Milli, company website ↗ · retrieved 2026-09-02retrieved 2026-09-02
Licences claimedCompany disclosed
Retail melted-gold trading permit, gold wholesale (bonakdari) permit, permit from the Computer Trade Organisation of Iran, and a Chamber of Commerce membership card.
Milli, company website ↗ · retrieved 2026-09-02retrieved 2026-09-02
Adjacent productsCompany disclosed
Instalment gold purchase, a goods loan against stored gold requiring no guarantor, gold gift cards, and a "Milli Card" that spends saved gold on everyday purchases. Branches and agencies operate in Tehran and several provinces.
Milli, company website ↗ · retrieved 2026-09-02retrieved 2026-09-02
User baseConflicting evidenceAs at September 2026
Company states more than 27 million active users. Tehran Index does not republish this figure as fact.
Milli, company website ↗ · retrieved 2026-09-02retrieved 2026-09-02
Registered capital (latest Official Gazette capital notice)Official recordLatest capital notice, published 30 September 2025; notices checked to 18 August 2026
The most recent capital notice in the Official Gazette, published in gazette 23449 (Tehran edition) on 30 September 2025, records an extraordinary general meeting of 5 May 2025 raising capital from 10,000,000 rial to 250,000,000,000 rial, divided into 100,000 shares of 2,500,000 rial (74,000 registered ordinary and 26,000 registered preferred shares), entirely by converting matured claims. Registered capital is a nominal legal figure and is not a valuation.
Official Gazette of the Islamic Republic of Iran, legal-notices portal, notice detail ↗ · retrieved 2026-10-06retrieved 2026-10-06
CEO (Official Gazette board notice)Official recordBoard resolution of 22 June 2026; notice published 18 August 2026
The Official Gazette notice published in gazette 23705 (Tehran edition) on 18 August 2026 records that the board, by resolution of 22 June 2026, named Saeed Ali Asgari chief executive, from outside the board and the shareholders, for a term to 21 June 2028.
Official Gazette of the Islamic Republic of Iran, legal-notices portal, notice detail ↗ · retrieved 2026-10-06retrieved 2026-10-06
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Registered entity
Legal entitySarmayeh Zarrin Mandegar
Entity typeoperating
StatusActive
Official contact
Instagrammilli
Evidence & verification
Verification tierReported, single public source
Primary evidencemilli.gold
Registry identifiersWithheld for compliance

Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →

Quick facts
Tehran, Iran
Founded 2023
milli.goldLinkedIn
Company dossier

Registry check on Milli: legal entity, capital, board and managing director from the Official Gazette. USD 750, three working days. Full dossier with audited figures, competitors and risks: USD 3,000, five working days.

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TI Weekly. Five source-linked developments and one analysis note, every Friday.