Glint is a stealthy London fintech startup positioning gold as a new global currency via an app and account that enable users to store and spend money in gold, including at the point of sale. The company describes itself as “a new global currency, account and app” and says it will give users more control over how they store, spend, exchange and transfer money. Glint says it will offer a frictionless way to both store and spend money in gold, functioning like a regular local currency at checkout. The startup has been authorised and is regulated by the U.K.’s FCA, reportedly under an Electronic Money Institution license. Glint has raised £3.1 million from a range of individual backers in financial services and asset management alongside early-stage investor Bray Capital. The company plans to launch in the last quarter of this year, and its leadership includes CEO Jason Cozens and COO Ben Davies, both with prior experience in gold and commodity markets.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2017