Curve, a London, UK-based company developing a digital wallet service, raised £37M in funding.
The round was led by Hanaco Ventures, with participation from existing shareholders such as Fuel Ventures, IDC, Outward VC and Lord Stanley Fink.
The company intends to use the funds to support its plans for 2025, including industry-first product launches and a series of customer-driven enhancements.
Led by CEO and Founder Shachar Bialick, Curve provides a digital wallet service that actively works to save money and enhance payments. Through its technology, the company aims to help clients avoid hidden foreign transaction fees from any linked card, allows to switch payment cards even after purchase. Benefits include stacking rewards, real-time spending insights, and the reduction of foreign exchange fees. In addition, Curve ReFI enables customers to instantly transfer balances from one card to another, preventing unnecessary interest accrual, late payment fees, and overdrafts. Another recent invention, Curve Flex enables customers to split any past or future purchases into manageable instalments, wherever they shop.
FinSMEs
17/03/2025