Partnership with CompoSecure Supported Robinhood’s Groundbreaking Gold Payment Card Offering
09 Mai 2024 - 10:05PM
CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards,
security, and authentication solutions, today announced its
partnership with Robinhood Markets, Inc., and Fiserv that led to
the creation of the premier Robinhood Gold Card, one of the most
innovative payment card programs available today.
“In combination with our ambitious card program, having a unique
form factor was important to us to define what we consider an
entirely new product category within the payment card market," said
Deepak Rao, General Manager of Robinhood Money. “Partnering with
CompoSecure helped us realize our vision of delivering a card that
is beautiful and accessible to all with some of the best rewards in
the industry.”
Robinhood believes that financial system should be built to work
for everyone. When Robinhood began collaborating with CompoSecure,
they outlined ambitious goals, sharing the details of their unique
program—A card that combined the capabilities of a starter card
with a low barrier to entry, an everyday card with family focused
digital features, and a metal card with premium design and rewards.
In addition, the card would have bleeding edge capabilities such as
the ability to generate disposable card numbers for smarter,
private spending. Guided by this remarkable vision, CompoSecure was
challenged to deliver a distinctive look and feel for the card that
would help set them apart.
“Robinhood’s vision energized us to provide a metal card
reflective of a groundbreaking payment card program that would
deliver exceptional aesthetics and elevate the standard in the
payment card industry,” said Jon Wilk, President and CEO of
CompoSecure.
Robinhood leaders worked hand-in-hand with CompoSecure’s team
through every step of the process from ideation to design to
production. This process fosters an environment where creative
solutions and groundbreaking ideas flourish that can exceed
customer expectations. The outcome was the design of a great
looking metal veneer card with gold color coating and mechanical
engraving weighing 17 grams; and a limited-edition version with
mechanical engraving made of 100% 10 karat solid gold weighing 36
grams, one of the heaviest cards ever manufactured by
CompoSecure.
Wilk added: “We take great pride in our ability to closely
collaborate with our partners to ensure we deliver exceptional
products and achieve outstanding outcomes together. Robinhood’s
extraordinary vision truly set this program apart and we are
honored to be their partner of choice.”
About CompoSecure
Founded in 2000, CompoSecure (Nasdaq: CMPO) is a technology
partner to market leaders, fintechs and consumers enabling trust
for millions of people around the globe. The company combines
elegance, simplicity and security to deliver exceptional
experiences and peace of mind in the physical and digital world.
CompoSecure’s innovative payment card technology and metal cards
with Arculus security and authentication capabilities deliver
unique, premium branded experiences, enable people to access and
use their financial and digital assets, and ensure trust at the
point of a transaction. For more information, please visit
www.CompoSecure.com and www.GetArculus.com.
Corporate Contact
Anthony PiniellaHead of Communications, CompoSecure(917)
208-7724apiniella@composecure.com
CompoSecure (NASDAQ:CMPO)
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