Glint: Smashes crowdfunding target

Glint: Smashes crowdfunding target

  • Glint is reintroducing gold as money. Buy, save, spend and send any amount of gold (and other currencies) instantly at the best rates
  • Successfully raised over £3m ($4m) through its joint US/UK crowdfunding round – smashing its initial target by 51%
  • The campaign aimed to raise £2m, but funding closed having raised 151% of this target with 1,190 investors
  • Crowdfunding investors have secured 7.81% equity with valued at £35.9m
  • Crowdfunding round was the first joint fundraising campaign across the Seedrs and Republic platforms in the UK and US
  • Explains that successful crowdfunding demonstrates consumer appetite for alternatives to fiat currencies
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Trump Calls on Congress to Cap Credit Card Rates

The former president urges lawmakers to limit high interest rates amid economic concerns.Highlights: Trump advocates for capping credit...

GuavaPay’s Founder Resigns Amid Mastercard Court Battle

Founder steps down as legal issues with Mastercard escalate.Highlights: GuavaPay founder resigns due to court case with Mastercard.Mastercard...

Mastercard Challenges Guavapay as Founder Resigns

Guavapay's legal battle with Mastercard unfolds amid leadership changes.Highlights: Guavapay founder resigns amid ongoing lawsuit with Mastercard.Mastercard has...

Zepz Expands Business by Acquiring Pomelo International

The acquisition aims to diversify Zepz's services beyond remittances.Highlights: Zepz acquires Pomelo International to diversify offerings.The deal aims...