Glint Pay, which offers a gold as a currency service, has raised £2.5mn funding.
In Brief:
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Glint allows users to buy, sell and spend physical gold.
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It has also just launched a peer-to-peer transfer option called Glint It!
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Half the funding was raised through private investment and half was matched by the government’s Future Fund.
What does this mean?
Glint Pay’s fundraising follows a successful crowdfunding campaign in 2018, and brings Glint Pay’s total funding raised to £24mn. It plans to grow to 138,000 users over the coming year.
