Start-up portrait : CURVE

February 21, 2024

Curve : The "all your cards in one" solution

Founded in 2015, Curve is a UK-based fintech providing a “all your cards in one card” application and hence facilitating daily financial operations to its customers.

Through its one-card-aggregator app, Curve does not require to switch banks nor change behavior. In addition to this feature, the company has developed several additional features: reallocation of a payment after the fact, credit, cash back, Buy now pay later (BNPL) and expense report management for business cards.

The startup has over 5 million customers across the US, UK, and in 31 European markets.

In September 2023, Curve raised an additional £58 million extension of its Series C round, bringing its Series C funding total to over £133 million to improve the overall customer experience (Curve just recently rolled out its new app, which includes a marketplace of financial applets), expand internationally including in the US, and bring new partnerships to the market. The extension round saw participation from Britannia, IDC Ventures, Cercano Management (the venture arm of Microsoft co-founder and philanthropist Paul G. Allen's estate), Cohen Circle, Outward VC as well many other existing shareholders. The fundraise brings the total investment in Curve to almost $175 million. 
 

BNP Paribas Cardif has supported Curve through its C. Entrepreneurs fund (along with Cathay Innovation) in Curve’s Series B in July 2019.