Curve raises USD 95 mln in Series C funding round

Tuesday 12 January 2021 14:08 CET | News

UK-based fintech Curve has announced that it has raised USD 95 million in a Series C funding round led by IDC Ventures, Fuel Venture Capital, and Vulcan Capital.

According to CNBC, Curve combines a customer’s debit and credit cards into one platform and offers a linked ‘smart’ card that can be used for payments. In addition, the firm’s app has a feature called ‘Go Back in Time’ that lets users change the account they paid with after making a transaction.

The company stated that the new funds will be used to roll out its services in the US. Curve also informed that it will launch a credit feature that will allow customers to split their purchases across a number of instalments.

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Keywords: Curve, funding round, series C, debit and credit cards, online payments
Categories: Payments & Commerce
Countries: United Kingdom
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