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Confirmed: London fintech Curve raises $10M Series AUpdate 12th July: Curve has now confirmed the startup has closed $10 million in series A funding. Investors are banking providers Santander InnoVentures, Investec, Connect Ventures, Speedinvest, Oxford Capital, Breega Capital, and Samos Investments. Individual investors include: Henry Ritchotte (ex Deutsche Bank COO), Gael de Boissard (ex Credit Suisse board member), Alessandro Hatami (The Pacemakers; ex Lloyds, Paypal, GE Capital), Paul Townsend (Vitesse PSP, Barclays, WorldPay), Emilian Popa (Rocket Internet, Naspers, Groupon), Rohan Haldea (Apax Partners) Original post below 電話咭
Curve, the London fintech startup that offers a platform that lets you consolidate all your bank cards into a single Curve card and manage your money, is on the verge of closing $10 million in Series A funding.
According to sources, the round, which could be announced as soon as this week, is being led by Connect Ventures, with participation from Santander Ventures, the venture arm of Spain-headquartered bank Santander Group 蟲草Cs4.
A number of other investors from the fintech and banking world are also participating, although I haven’t been able to pin down who they are. It is also not clear if this Series A includes an earlier bridge round of approximately $2.5m announced in September.
Curve co-founder and CEO Shachar Bialick declined to comment when asked for confirmation of the startup’s new funding and investors.
Along with Connect Ventures, Curve’s existing investors include Samos Investments, Speedinvest, pre-seed/seed investor Seedcamp, London Co-Investment Fund, TransferWise founder Taavet Hinrikus, Ricky Knox of challenger bank Tandem, Azimo founder Michael Kent, Ed Wray of Betfair, former members of the Google Wallet team, and the founders of Money2020.
Will Curve partner with major banks?
That Curve’s Series A backers includes the venture arm of a multinational bank invites speculation on what might be next for the London fintech startup, in terms of how it could partner with banks going forward. As it stands, Curve’s core offering both competes with and complements your existing bank’s services, to varying degrees, depending on how you view these things
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The Curve platform lets you link your existing banks’ debit and credit cards to an app and the accompanying Curve card (powered by MasterCard), which then acts as a conduit for any payments you make offline or online, meaning you only need to carry a single physical card with you. In this context, Curve is entirely reliant on and complementary to the banks and serves to improve the experience of your existing bank cards.
Then there’s Curve’s low currency exchange rate and 1 per cent fee when spending money abroad, something that potentially eats into the profits of banks that do a very nice line of business on foreign exchange rates and hidden charges.
Curve also recently launched its own instant cashback scheme in



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