Benzinga · May 11, 2021
Exclusive: CompoSecure CEO Talks Metal Payment Cards, Cryptocurrency Storage With Benzinga
CompoSecure is set to go public with a pro forma enterprise value of $1.2 billion via the special purpose acquisition company, Roman DBDR Tech Acquisition Corp (NASDAQ: DBDR). CompoSecure is a provider of financial payment cards, as well as cryptocurrency storage and security solutions. Jon Wilk, CEO of CompoSecure, appeared on Benzinga's YouTube show "SPACs Attack" for an exclusive interview Tuesday. About CompoSecure: CompoSecure has been around for 20 years, Wilk told Benzinga. The company partners with financial institutions and fintech companies across the globe, he said, adding that CompoSecure helps its partner businesses drive spending and acquire new customers. CompoSecure's Metal Card Product: CompoSecure will deliver over 22 million metal cards to the market this year, which will drive over $280 million in revenue for the company, Wilk said. The company has notable clients such as JPMorgan, American Express and Capital One, the CEO said. There are 13 billion payment cards in circulation and 4 to ...Full story available on Benzinga.com
