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Glint

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Buy and save real gold and silver with Glint, and spend gold almost anywhere Mastercard® is accepted.

111%
 - 
Funded 10 Aug 2026
£3,000,000 target
£3,351,688 from 383 investors
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Business overview

Location London, United Kingdom
Social media
Website www.glintpay.com
Sectors Finance & Payments Digital Mixed B2B/B2C
Company number 09507932
Incorporation date 25 Mar 2015
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Investment summary

Type Equity
Valuation (pre-money) £122.9M
Equity offered 2.65%
UK tax relief N/A
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Business highlights

  • £123m revenue in FY25, up 37%*
  • Vaulted metals doubled to $0.5bn+
  • 159,000 active customers
  • Gold supplier to Utah State Treasury
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Key features

  • Secondary Market
  • Nominee investment min. £20.16 +

Pitch

About the Campaign

Glint has made physical gold usable as everyday money. With growing vaulted assets and a maiden US state treasury supply deal, we are raising to accelerate customer growth, product development and commercial scale.

Market Opportunity

New US state-level legislation recognises transactional gold as authorised currency. With six years operating in the US, Glint is positioned to provide the payments and precious metals infrastructure needed to capture this fast-developing market.

Traction & Key Accomplishments

Year ending 2025, revenue grew 37% to £123m, gross profit rose 474% to £2.8m & gross margin improved materially to 2.3%*. Vaulted assets doubled to $0.5bn+, serving 159,000 active customers.

Engaged lawmakers across the US on how our platform could support future gold & silver-backed payment infrastructure. Six states passed supportive legislation, with the first rollout commencing in Florida this year.

The business also strengthened compliance, technology resilience & senior leadership.

*Based on unaudited management accounts

Use of Funds

Proceeds will be used to increase revenue by accelerating marketing-led customer acquisition, in particular capitalising on the high-growth, state-level expansion opportunities within the US and our new Business Account product and Silver Spend feature.

Key Information

Key information investment sheet

Key Investment Information Sheet is available by downloading the following documents:

Outstanding Warrants

The Company has outstanding warrant instruments, entered into between 2020 and 2023, which allow the warrant holders to subscribe for further shares at a price per share between £0.06250 and £0.14, at any time prior to September 2026 and November 2031.

The warrants currently represent 10% of equity on a fully diluted basis and have been factored into the pre-money valuation as set out above.

Material debt

The Company has the following outstanding loans:

1. The company has an outstanding loan from Stockford Limited of £2,500,000, at 18% interest rate per annum and payable by April 2028.

The funds raised from this investment round will not be used to repay this loan.

Administration

In 2019, Glint successfully emerged from administration following a hostile takeover attempt. The hostile group purchased Glint’s only loan from the original lender and appointed administrators, using a disputed claim of technical default. With the full support of its shareholders, Glint achieved a solvent exit, raising funds to repay the loan early, all creditors, and the administration costs.

Majority Investor Owned

The Company is majority-owned by investors, with the largest stake 10.4% held by Sibanye-Stillwater

The Founder holds 9.9% of the fully diluted equity.

Founder interests

CEO & Founder Jason Cozens is also a director of Golden Phoenix Limited, a consultancy business that is now dormant. He currently dedicates zero hours per month to the business. The company does not compete with Glint.

Valuation

The pre-money valuation for Glint has been calculated on a fully diluted basis, including all existing equity rights that may convert, diluting investors in the future. In this case, the valuation on the campaign reflects (i) issued shares, (ii) options and (iii) warrants.

Please note that the pre-money valuation of the business, based solely on issued share capital, is £105.4M.

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If you successfully purchase a share lot of this business, you will be granted access.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This campaign for Glint has been approved by Seedrs Limited (trading as Republic Europe) ("Republic Europe", "us" or "we"), as of 25 June 2026 as a financial promotion. Republic Europe is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. In approving this campaign, Republic Europe has concluded that the information, taken as a whole, is "fair, clear and not misleading." This means that for factual statements we have reviewed evidence of their accuracy, and that for aspirational statements we believe they are phrased appropriately in light of their speculative nature. You should note that in the case of factual statements, the evidence we review is provided by the business, and we do not audit it, which means that we may not be able to identify forged or altered evidence. You should further note that in the case of aspirational statements, the nature of the type of businesses presented on the Republic Europe platform is such that they are likely to have high ambitions, and we may approve statements that convey those ambitions even where we do not believe, or we do not have a view on whether it is likely, that they will be fully realised. The pre-money valuation and investment sought in the campaign are those set by the business: they are not reviewed or established by us, and the valuation is not an independent view of what the business is worth. Given the nature and type of businesses presented on the Republic Europe platform, it is possible that the business has very little cash remaining prior to receiving this investment, and the investment sought may be necessary for the business's on-going existence.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £122,873,442

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Republic Europe.

Pitch type

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Republic Europe

Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Republic Europe campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

Learn more about investing and pre-emption rights.

Nominee investment

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Nominee investment.

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Custodian

If you invest in this Campaign, Republic Europe will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Republic Europe will not benefit from any rights under a shareholder agreement. As a result, Republic Europe will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

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Direct investment

If available, this is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer or using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Republic Europe. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

Warning

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None of the information in constitutes part of the campaign and it has not been approved or reviewed by Republic Europe.

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