- General
- July 16, 2019
- 4 minutes read
Curve Valued At $250 Million With $55 Million Series B
Curve founder and CEO Shachar Bialick image: Curve Curve — a London-based fintech startup that launched out of beta February…
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| Curve founder and CEO Shachar Bialick
image: Curve
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Curve — a London-based fintech startup that launched out of beta February last year — has announced $55 million in Series B funding that values it at a quarter of a billion dollars ($250 million to be precise). Gauss Ventures led the funding, with participation from other investors including Santander InnoVentures, Creditease, IDC Venture, Seedcamp, Outward VC and more.
Curve says it’s on track to hit 1 million customers by year end. The London-based startup operates an app that lets customers link all their bank accounts and cards into one single card. Curve customers can spend abroad without any fees, and get instant notifications and categorisation of what they spend.
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| A Curve card
image: Curve
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Using Curve cards, customers can also swap spend to a different card they have linked to the app for up to two weeks after a purchase is made. There’s also instant 1% cashback on some services including Amazon, Uber, Netflix and more.
Curve operates out of two offices in London and Bristol. The fintech startup currently employs more than 150 people.
