Curve, one of the top UK consumer fintechs, is capitalising on its Series B success and opening its gates to crowdfunding in September this year.
London – August 16th 2019 – Curve, the over-the-top banking platform which consolidates multiple cards and accounts into one smart card and one even smarter app, is launching a seven figure crowdfunding campaign this September.
Curve is valued at a quarter of a billion dollars which positions the company firmly amongst the UK’s most exciting scaleups; Transferwise, Monzo, Revolut and Starling, and has raised over $70m to date.
Over 500,000 people have flocked to Curve and signed up to its All Your Cards in One smart card and app since it burst on to the fintech scene in 2018. The business is experiencing an extraordinary period of growth both in customer base and team size, growing to over 160 employees, and is set to double its customer base to around 1 million by the end of the year.
For the first time ever, Curve will be offering eligible customers a chance to invest in and own a part of Europe’s hottest fintech start-up. Eligible Curve customers will be able to invest from as little as £10 to own part of the business and gain access to some exclusive shareholder rewards.
Curve’s decision to crowdfund comes following continued demand from its customers to open up an allocation of investment and give its loyal fans the opportunity to become a key part of Curve’s success.
Curve is working with the world’s first and largest equity crowdfunding platform, Crowdcube, which boasts a remarkable track record for successful Fintech crowdfunding for some of the brightest UK businesses such as Monzo, Nutmeg, Freetrade, and Revolut.
Crowdcube will enable eligible customers to invest at the same Series B valuation as renowned institutional investors such as Gauss Ventures, Creditease, Cathay Innovation, IDC Ventures, Santander InnoVentures, Breega, Seedcamp, Speedinvest and Outward VC (previously Investec’s INVC fund).
Shachar Bialick, Founder and CEO of Curve said “We’ve always had a radical vision at Curve. Our aspirations are huge. We’re working to revolutionise the world of finance and move banking to the cloud. We’re building an Over-The-Top Banking Platform that simplifies your life and saves you money. No small feat. Whilst we may still be in the early stages of our journey, we’re extremely proud of our progress so far and we’re beyond excited for what’s to come”.
“Curve’s crowdfund campaign presents an exceptional opportunity for our eligible customers to invest in a product they love and a business that is growing at a phenomenal rate. Innovation at Curve is constant, and we will be rolling out a series of game changing benefits and functionalities, while continuing our growth into Europe in the months ahead” added Bialick.
Luke Lang, co-founder of Crowdcube, said, “Curve’s campaign shows how harnessing the power of community can be turned into a strategic business milestone. We’re delighted to be partnering with Curve to open up an exciting avenue for new and existing customers to invest.”
There will be a finite amount of investment available and participation will be allocated on a first come first serve basis. Eligible customers who pre-register before September through Curve’s crowdfunding page here, will be granted exclusive early access to invest.
Curve’s crowdfunding announcement comes amid a wave of new product launches on Curve’s platform. In June, Curve launched Curve Cash which gives Curve customers unlimited 1% instant cashback at leading retailers such as Amazon, Uber, Spotify, Netflix, Tesco, Sainsbury and over 100 more retailers. Earlier this year, Curve launched enhanced Curve Customer Protection, protecting customers for purchases made up to £100,000, access to Travel Insurance, Gadget Insurance and over 1000 airport lounges worldwide.
Risk warning
Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Please note that past performance is not a reliable indicator of future results.
Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority (No 650205).
ENDS
For media enquiries, please contact
Tom Farthing
PR Manager
+44 (0) 7931176282
About Curve
Curve is an over-the-top banking platform, consolidating all your cards and accounts into one smart card and even smarter app. It allows customers to supercharge their legacy banks to the 21st century without leaving their bank or topping-up. Curve offers a host of benefits to its customers; it makes all your cards fee-free when spending abroad, you get instant notifications and categorisation of spend, you can earn instant 1% cashback at the likes of Amazon, Uber, Netflix and Sainsbury’s and Time Travel enables customers to swap spend to a different card in the app for up to two weeks after the purchase was made.
For more information go to www.curve.app, like our Facebook page and follow us on Twitter @imaginecurve and Instagram @imaginecurve.
Tom Farthing
PR Manager Curve
Mobile: +44 (0) 7931 176282
The Payments Association
St Clement’s House
27 Clements Lane
London EC4N 7AE
© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
Log in to access complimentary passes or discounts and access exclusive content as part of your membership. An auto-login link will be sent directly to your email.
We use an auto-login link to ensure optimum security for your members hub. Simply enter your professional work e-mail address into the input area and you’ll receive a link to directly access your account.
Instead of using passwords, we e-mail you a link to log in to the site. This allows us to automatically verify you and apply member benefits based on your e-mail domain name.
Please click the button below which relates to the issue you’re having.
Sometimes our e-mails end up in spam. Make sure to check your spam folder for e-mails from The Payments Association
Most modern e-mail clients now separate e-mails into different tabs. For example, Outlook has an “Other” tab, and Gmail has tabs for different types of e-mails, such as promotional.
For security reasons the link will expire after 60 minutes. Try submitting the login form again and wait a few seconds for the e-mail to arrive.
The link will only work one time – once it’s been clicked, the link won’t log you in again. Instead, you’ll need to go back to the login screen and generate a new link.
Make sure you’re clicking the link on the most recent e-mail that’s been sent to you. We recommend deleting the e-mail once you’ve clicked the link.
Some security systems will automatically click on links in e-mails to check for phishing, malware, viruses and other malicious threats. If these have been clicked, it won’t work when you try to click on the link.
For security reasons, e-mail address changes can only be complete by your Member Engagement Manager. Please contact the team directly for further help.
