5 years ago
Curve targets £100m Series C to fuel international expansion
Curve, a London-based fintech startup, is seeking to raise between £100m and £120m in its Series C funding round
The company plans to use the funds to fuel its international expansion and develop new revenue streams
Curve's fundraising comes amid a challenging environment for fintechs in the UK, with investment in the sector down 39% year-on-year in the first half of 2020
The company's CEO, Shachar Bialick, believes that Curve can become the "Spotify of banking" by offering a more convenient and efficient way for customers to manage their finances.
ProblemFinancial Services
"People have multiple bank cards, and it's a hassle to carry them all around and keep track of their balances."
Solution
"Curve is a smart card that integrates multiple bank accounts into one card. You can use it to pay for things, withdraw cash, and track your spending across all your accounts."