8 years ago

London Fintech Startup Glint Raises £3.1 Million to Transform Gold into a Global Currency

  • Glint, a stealthy London fintech startup, has raised £3.1 million in seed funding from Bray Capital and individual investors in the financial services and asset management space

  • Glint aims to create a new global currency backed by gold, offering a stable and independent alternative to traditional currencies

  • The startup, regulated by the UK's FCA, will launch its services in the last quarter of 2017

  • Glint's founders, with extensive experience in gold and finance, envision a future where gold is seamlessly integrated into everyday transactions.

      • ProblemFinancial Services

      "Making gold a more accessible and usable asset for everyday people. The current system makes it difficult to buy, sell, and spend gold as a currency."

      Solution

      "Glint is building a digital platform that allows users to buy, sell, store, and spend gold easily, using a mobile app. The platform will be similar to a traditional bank account but use gold as the underlying asset."

      Covered on