Crypto Investment Platform Flint Bags $5.1 Million In Funding Led By Sequoia India, Global Founders
01/25/22, 6:31 AM
Location
Money raised
$5.1 million
Mumbai: Crypto investment app, Flint has raised $5.1 million in a funding round led by Sequoia Capital India and Global Founders Capital.
Company Info
Location
mumbai, maharashtra, india
Additional Info
The Bengaluru-based startup, will use the fresh capital to acquire users, enhance the product based, and hire senior positions across engineering, design and product functions. Founded in October 2021, by Akshit Bordia and Anshu Agrawal, who were previously product managers at Cred, the company launched its operations in January. The company claims that 75,000 users from 78 countries have signed up on the platform as part of its early access programme. The platform targets users in the age group of 25 to 40, who are looking to diversify a portion of their wealth into crypto, are financially stable but lack the time to invest in understanding the complexities and fundamentals of the crypto market. Flint is a crypto investment app, which offers passive income generating opportunities in the crypto market for users with moderate risk profiles who are not active traders.