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Coronavirus lockdowns and social-distancing fuel surge in use of fintech apps

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Last week, British-based startup Glint Pay Services, which operates in the U.S., the U.K. and continental Europe, said it had seen a 718% increase in clients purchasing gold over the last five weeks as volatility stemming from the coronavirus pandemic swept through markets.

Glint, which provides customers with gold as a usable currency, said it has seen the average individual purchase of gold via its app double in the last few weeks, from £1,373 to £2,739. “During these extraordinary days people are demonstrating that gold remains powerfully attractive and very useful,” said Glint founder and CEO Jason Cozens.

Download the Glint App to start saving and spending your gold

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