Glint is a stealthy London fintech startup that promises to turn gold into a ‘new global currency’ –
Summary
Glint, a stealthy London fintech startup that promises a new “global currency,” has raised £3.1 million from a plethora of individual backers in the financial services and asset management space, alongside early-stage investor Bray Capital. The Glint website describes the startup as “a new global currency, account and app” and says it will make your money “reliable and independent” and give you more control in the way you “store, spend, exchange and transfer money”. However, I understand that Glint will offer a frictionless way to both store and spend your money in gold, including at the point of sale, just like a regular local currency. CEO Jason Cozens co-founded GoldMadeSimple.com, a website that helps clients buy and sell physical gold and have it stored securely or delivered. He was the former head of trading at RBS Greenwich, and co-founded Hinde Capital in 2007, an alternative investment management company specialising in precious metals.