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Flint

Flint

Flint is a global crypto investment app offering a range of passive investment assets to its users built on top of crypto.

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All edits by  Hef Hef 

Edits on 31 Mar, 2022
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Hef Hef
edited on 31 Mar, 2022
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What is Flint?

Flint is a global crypto investment app, which goes beyond just buying & selling coins to offer a range of passive investment assets to its users built on top of crypto. Flint's 1st offering provides simple diversification to crypto users with returns up to 13% per annum on stable coins.

Who are the team members at Flint?

Flint is being built by an experienced team with years of deep expertise in crypto along with past stints of building financial products for millions of Indians. Flint is founded by Akshit Bordia and Anshu Agrawal, both of who graduated from India’s one of the most premier engineering institution called BITS Pilani, and were product managers at India’s fastest growing unicorn, CRED. At CRED, Akshit led the product team of RentPay vertical, while Anshu led the product team of CRED’s first offering in the wealth management space called CRED mint. Both of them have built high NPS, most-loved fintech products in the country while at CRED, and are on their way to build even better experiences at Flint.

Where are the offices of Flint?

Our corporate HQ is in Singapore and our tech office, from where we operate, is in HSR Layout in Bangalore, India.

Is Flint funded? Who are the investors behind Flint?

Yes, Flint is a well-funded startup having raised USD 5.1 Million in just the seed round. Flint is backed by a panel of marquee investors like Sequoia Capital India, Coinbase Ventures, GFC, Hashed, IOSG, etc. as part of a total of 11 institutional investors. Apart from these, Flint is also backed by over 60 notable angel investors from across the globe, across businesses like CRED, Coinbase, Robinhood, FTX, Polygon, Terra, Blocktower Capital, Netflix, etc.

In which all countries does Flint operate?

Flint is a global product, and welcomes people from all geographies. Flint has started its operations in India and is carefully coming to more geographies based on user demand.

Does Flint expose me to cryptocurrency assets like bitcoin and ethereum?

Flint does not hold or expose funds to Bitcoin, Ethereum, or other volatile crypto assets. This means that market price fluctuations in these crypto-assets such as Bitcoin and Ethereum do not change the interest rates on Flint.

Once funds are deposited with Flint, stable coins are diversified amongst various institutional borrowers as well as de-fi protocols making interest rates accessible to you. Transaction fees and forex are absorbed by Flint

How does Flint make money without charging fees?

Flint makes profits from the returns generated on top of the 13% interest made accessible to you. Flint keeps a small percentage of it and passes on the maximum benefit to you.

How can I get access to Flint?

While Flint is still in the early access rollout phase, you can get access to Flint by signing-up for the early access and once we are ready to open up the access to you, you shall receive an email from us informing you of the same.

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How is Flint different from competitors?

At Flint, we do things a little differently than other companies in the crypto industry. From our compliance-ready approach to our industry-leading talent and backing of industry’s best investors, we are building Flint with a craft better than the market standards. Flint also has top-tier risk management process to reduce business risk exposure for you.

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