What is it?
A fast growing fintech and high end security group with some unique products and intellectual property, chief among them the Volopa multi-currency card. This new raise will fund the addition of crypto currencies, gold and silver bullion to the 14 currencies already available on the card. This means you could buy anything from a cup of coffee to a house on your card and pay for it in Bitcoin or gold. The minimum investment is £25,000.
Who is the investment partner?
Quantum Group was founded by Ex SAS soldiers Floyd Woodrow MBE and Peter Malmstrom, originally with a focus on high end security. Through a series of astute acquisitions they have built the groups enterprise value from £250,000 to £109 million. Rivals like Monzo and Revolut are already unicorns and this level of value should be achieved by the Volopa business within the next three years.