London FinTech startup Glint has raised £3.1m from investors including Bray Capital.
The startup, which says it is working on a new global currency, will launch in Q4 this year.
Other investors in the round included Haruko Fukuda, former CEO of the World Gold Council and NED of Investec Bank; Oliver Bolitho, formerly chairman of Goldman Sachs Asset Management Asia; Hugh Sloane, co-founder of asset manager Sloane Robinson; and Lord Flight Of Worcester, formerly of Guinness Flight Global Asset Management.
Glint’s website reads: “At a time of extraordinary monetary policy and when trust in currencies, banks and existing payment systems has been eroded, Glint helps us move to a more stable global economy.
“A new global currency, account and app, Glint is a timely innovation with immediate and reliable application. A game changer, it brings you money that is reliable and independent and gives you more control in the way you store, spend, exchange and transfer money.”
Jason Cozens, the CEO and co-founder, claims to have two decades worth of experience within the e-commerce and digital marketing sectors.
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Cozens spoke about the raise: “We would like to thank our founding investors for their support. We are now close to launch when we will introduce a new global currency, account and app that brings you unrivalled reliability, independence and control of your money.
“At a time of extraordinary monetary policy and when trust in currencies, banks and existing payment systems have been eroded, Glint helps us move to a more just, sustainable and inclusive global economy. Money is currently going through a disruptive evolutionary stage and Glint’s product is at the heart of that change.”
Cozens started Glint alongside Ben Davies, who also claims to have 20 years worth of experience in international financial markets. He was the former head of trading at RBS Greenwhich and co-founded Hinde Capital, a alternative fund management firm in equity and precious metals.
Glint has already received FCA approval.
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