10 years ago
London Fintech Startup Curve Raises $2M Seed Round
Curve, a stealthy London-based fintech startup, has closed a $2 million seed round from a group of notable investors
These investors include Taavet Hinrikus, co-founder of TransferWise, Ricky Knox of Tandem, Ed Wray of Betfair, and former members of the Google Wallet team
Three VCs also participated in the round: Speedinvest, Seedcamp, and the Mayor of London's London Co-Investment Fund
Curve is currently running in closed beta and plans to launch fully in early 2016
The startup is not publicly disclosing its product details, but it aims to become the single touchpoint between users and their money, offering a combination of mobile payment solutions and traditional bank cards
Curve's founding team is made up of three INSEAD MBA graduates: Shachar Bialick, Tom Foster-Carter, and Anna Mostyn Williams.
ProblemFinancial Services
"Traditional bank cards are clunky and don't provide an easy way to track and manage your spending. "
Solution
"Curve is building a new type of payment solution that combines the best of mobile payments and traditional bank cards to give you more control over your finances. They're aiming to make it easier to track and account for your spending and provide a more intuitive user experience."