Perspective Investments chooses fintech Glint Pay for gold-based business account
Perspective Investments, a global multi-asset, multi-strategy investment manager has opened a business account with fintech Glint Pay.
Glint Pay says that upon opening an account, Perspective Investments is now the fintech’s largest corporate client. In addition, to storing capital in a Glint Pay business account, Perspective Investments will also be offering employees the opportunity to receive some or all of their salary as gold, using Glint Pay’s new peer-to-peer product, Glint It!
Glint It!, is a new P2P facility which allows customers to instantly send or receive money, including real, spendable gold and other currencies.
Glint Pay explains that it has created a bespoke product for Perspective Investments to meet the demands and needs of the investment manager and to create a diverse corporate functionality.
Jason Cozens, Founder & CEO of Glint Pay, says: “This is a huge and exciting step forward in the industry. We’ve long spoken about democratising gold as a currency for consumers, now we’re on the road to doing the same for businesses of all sizes and sectors.”
“There is clearly appetite amongst corporates to utilise the purchasing power and relative stability of gold. As global economies and markets continue to fluctuate and the outlook remains uncertain, many view gold as more than just the traditional safe haven – it's now becoming increasingly viewed as a viable and attractive option for consumers and businesses alike.”
“Upon launching our P2P product Glint It!, we could see that there was clear demand amongst consumers, but as growing numbers of corporate clients embracing the gold revolution indicates that there is considerable potential growth in this untapped market too.”
“This business account was developed through months of discussion and collaboration with Perspective Investments as we looked to tailor our offer to its specific demands and needs.”
Arno Kitts, Founder & CEO at Perspective Investments, adds: “With governments and central banks creating money to cover fiscal deficits, and with inflation higher than interest rates, the case for gold continues to strengthen. We are holding much of our capital and reserves in physical gold via our new Glint accounts. Also, we are offering our staff globally to be paid in Gold if they would prefer this”.