2 years ago

Curve Secures £58M Series C Extension to Accelerate Growth and Path to Profitability

  • UK-based fintech company Curve has raised an additional £58 million in its Series C funding round, bringing the total to over £133 million

  • The round saw participation from Cercano Management, the venture division of Microsoft co-founder Paul Allen's firm, among others

  • The funds will be used to scale the business and move towards profitability

  • Curve is known for its app that consolidates multiple payment cards into a single interface and allows users to switch payment sources post-transaction.

      • ProblemFinancial Services

      "People have to carry multiple cards for different purposes, making it difficult to manage their finances and track spending."

      Solution

      "Curve combines all of an individual's payment cards into a single interface, allowing users to manage their finances and track spending easily. It also allows users to switch payments between cards after transactions are completed, eliminating the need to carry multiple cards."

      Covered on