Fintech
Partnership with CompoSecure supported by Robinhood’s Gold Card
CompoSecureInc. (Nasdaq: CMPO), a leader in metal payment card, security and authentication solutions, today announced its partnership with Robinhood MarketsInc. and Fiserv which led to the creation of the first Robinhood’s Gold Card, one of the most innovative payment card programs available today.
“Combined with our ambitious card program, it was important for us to have a unique form factor to define what we see as an entirely new product category in the payment card market,” said Deepak Rao, CEO of Robinhood Money. “Partnering with CompoSecure has helped us realize our vision of offering a beautiful, accessible card to all with some of the best rewards in the industry.”
Robinhood believes the financial system should be built to work for everyone. When Robinhood began partnering with CompoSecure, they outlined ambitious goals, sharing details of their unique program: a card that combined the features of an entry-level card with a low barrier to entry, an everyday card with digital-focused features about family and a metallic card with premium design and rewards. Additionally, the card would have cutting-edge features such as the ability to generate disposable card numbers for smarter private spending. Guided by this extraordinary vision, CompoSecure was challenged to provide a distinctive look for the card that would help it stand out.
“Robinhood’s vision inspired us to provide a metal card that reflects an innovative payment card program that offers exceptional aesthetics and raises the standard in the payment card industry,” said Jon Wilk, President and CEO of CompoSecure.
Robinhood leaders worked side by side with the CompoSecure team through every step of the process, from concept to design to manufacturing. This process fosters an environment where creative solutions and innovative ideas that exceed customer expectations flourish. The result was the design of a beautiful metal-coated paper with gold-colored coating and mechanical etching weighing 17 grams; and a limited edition mechanically engraved version made of 100% solid 10k gold weighing 36 grams, one of the heaviest cards CompoSecure has ever produced.
Wilk added: “We take great pride in our ability to work closely with our partners to ensure we deliver exceptional products and achieve exceptional results together. Robinhood’s extraordinary vision has truly set this program apart, and we are honored to be their partner of choice.”