Fintech startup Curve raises $10 million to combine all your bank cards into one



U.K.-based fintech startup Curve has raised $ 10 million in a series A round from Santander InnoVentures, Investec, Connect Ventures, Oxford Capital, and a host of individual investors.

Founded out of London in 2015, Curve offers a mobile app and bank card that aggregates all your existing bank cards into a single entity. So rather than carrying multiple credit and bank cards around in your wallet, you just carry Curve, which lets you access any of your cards through its mobile app.

Last week, Curve announced another notable new feature — it can now let you switch the bank card you used for a transaction after the payment has already been made.

Prior to now, Curve had raised $ 3 million in funding, and with its latest cash injection the company will be able to “accelerate growth by building more innovative features and recruiting world-class talent ahead of its full launch,” according to a statement issued by the company.

Curve is currently in beta and available to business customers across Europe. A consumer version of the service is scheduled for launch later this year, and although the near-term focus remains on Europe, we’re told that the U.S. could be on Curve’s radar in the future.

Sign up for Funding Daily: Get the latest news in your inbox every weekday.

Social – VentureBeat

Comments are closed