Banks and VC firms in $10m series-A for Curve

Santander Innoventures, Investec, Speedinvest, Oxford Capital, Breega Capital and Samos Investments also backed the round, alongside a group of individual investors.

The new funding will be used for further software development as well as recruitment ahead of the company's official launch.

Previous funding
In June 2015, Kima Ventures invested in a $1m seed round for Curve. In December 2015, Speedinvest and Speedcamp backed another $2m funding round along with London Co-Investment Fund and other business angels.

Company
Founded in 2015 and headquartered in London, Curve is a financial technology company that allows customers to connect all their Mastercard and Visa cards to a single card and mobile phone application. The product is currently in beta and available to the self-employed only. It plans to launch officially in 2017 and launch a consumer version of the card. The service has already been used to make £50m in payments in 100 countries and has around 50,000 users.

People
Santander Innoventures – Mariano Belinky (managing partner).
Oxford Capital – Tom Bradley (partner).
Curve – Shachar Bialick (CEO).

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• Topics
• Expansion
• UK / Ireland
• Technology
• Santander
• United Kingdom
• Investec