Curve Secures £37m Investment to Fuel Growth and Innovation
Deal News | Mar 14, 2025 | Business Cloud
In a significant boost to its growth strategy, London-based FinTech firm Curve has raised £37m in funding. The round was led by Hanaco Ventures with participation from existing investors such as Fuel Ventures, IDC Ventures, Outward VC, and Lord Stanley Fink. Curve's technology integrates multiple debit and credit cards into a single app, offering features that enhance financial management for users. This latest capital injection will assist Curve in launching industry-first products and customer-centric enhancements by 2025, accelerating its growth trajectory and solidifying its financial foundation. Shachar Bialick, Curve's founder and CEO, highlighted the investment as testament to the company's vision of transforming the digital wallet space. Further, the funding enables Curve to improve its customer experience, forge new partnerships, and expedite its journey to profitability. With over 6 million global users and processing billions in payments annually, Curve aims to expand its market presence with the upcoming launch of 'Curve Pay', a digital wallet alternative for Android and iOS users.
Sectors
- FinTech
- Digital Wallet
Geography
- United Kingdom – Curve is based in London, which positions it within the UK's vibrant financial and technological ecosystem.
Industry
- FinTech – Curve operates in the FinTech sector, offering digital financial services and innovations, such as integrating multiple payment cards into one app.
- Digital Wallet – Curve is part of the Digital Wallet industry, focusing on providing enhanced digital wallet solutions and features for users.
Financials
- £37m – The amount of investment secured by Curve in the latest funding round led by Hanaco Ventures.
- £133m – Total amount raised in Curve's Series C funding round, including previous investments.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Curve | Target | Company | A London-based FinTech firm that integrates users' debit and credit cards into a single app. |
| Hanaco Ventures | Investor | Company | Lead investor in Curve's £37m funding round, providing substantial capital for growth. |
| Fuel Ventures | Existing Investor | Company | One of the existing shareholders participating in Curve's funding round. |
| IDC Ventures | Existing Investor | Company | Another existing shareholder contributing to Curve's investment round. |
| Outward VC | Existing Investor | Company | Participant in Curve's funding as an existing stakeholder. |
| Lord Stanley Fink | Existing Investor | Person | An individual investor and current shareholder in Curve. |
| Shachar Bialick | CEO | Person | Founder and CEO of Curve, spearheading the company's strategy and growth. |
| Tomer Jacob | Investor Representative | Person | Representative from Hanaco Ventures, expressing support for Curve's innovative trajectory. |