Financial super-app Curve has secured £58 million in an extension of its Series C funding round, bringing the total Series C funding to over £133 million. With these funds, Curve plans to enhance its customer experience, expand its lending business, and reach profitability by early 2024.
Facts
- Curve raises an additional £58 million in its Series C funding round.
- Participating investors include Britannia, IDC Ventures, Cercano Management, Cohen Circle, Outward VC, and existing shareholders.
- To date, Curve has raised a total of £208 million in equity investment.
- CEO Shachar Bialick highlights Curve’s unique and user-friendly product.
- Curve plans to improve its customer experience, expand its lending business (Curve Flex), and form new partnerships.
- Curve aims to achieve profitability by early 2024.
- Launched in 2018, Curve combines multiple bank accounts and payment cards into one smart card accessible through its app.
- Curve has 4.5 million customers globally and operates in 31 markets across the UK and European Economic Area (EEA).
