HomeUKCurve Secures Additional £58M; Series C Funding to Over £133M

Curve Secures Additional £58M; Series C Funding to Over £133M

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Curve

Curve, a London, UK-based provider of a financial app that connects existing credit and debit cards to one single card and app, raised additional £58M in Series C extension.

The round, which brought the total amount to £133M, saw participation from Britannia, IDC Ventures, Cercano Management, Cohen Circle, Outward VC as well many other existing shareholders. 

The company intends to use the funds to improve the overall customer experience following the launch of its new app, which includes a marketplace of financial applets, to expand its Flex offerings, and to bring new partnerships to the market. 

Led by Shachar Bialick, founder and CEO, Curve is a financial app on a mission to be a single point of access to a wide range of financial products and services, bundling together the money into one smart card and app. It allows customers to connect and charge their legacy banks without signing up to a new bank.

Curve launched to the public in 2018 and has amassed more than 4.5 million customers globally. It is live in 31 markets across the UK and European Economic Area (EEA) and supports Mastercard, Visa, and Diners Club networks.

FinSMEs

21/09/2023