London-based fintech company Curve has raised £37 million in a funding round led by Hanaco Ventures, with participation from Fuel Ventures, IDC Ventures, Outward VC, and Lord Stanley Fink. The funding aims to support Curve’s expansion, enhance its digital wallet offerings, and accelerate its path to profitability as it prepares for new product launches in 2025.
Curve provides a smart digital wallet that consolidates multiple payment cards into a single app and physical card, allowing users to manage their finances more efficiently. The platform currently serves over six million users globally, offering features such as real-time spending insights, cashback rewards, and the ability to avoid foreign exchange fees. One of Curve’s most distinctive features, ‘Go Back in Time,’ allows users to move transactions between cards retroactively, helping with budgeting and financial management. Additionally, the Curve ReFI feature enables instant balance transfers between credit cards, allowing users to avoid interest charges and late fees.
To cater to the growing demand for flexible payment options, Curve has introduced Curve Flex, which allows customers to split any past or future purchases into installments. This buy-now-pay-later-style functionality offers consumers greater control over their spending, regardless of where they shop. The company has also partnered with Infact to provide real-time credit reporting for Curve Flex customers, ensuring greater transparency and control over personal credit health.
Looking ahead, Curve is preparing to launch Curve Pay, a new digital wallet alternative for Android and iOS users. This expansion aims to enhance the platform’s payment capabilities, positioning it as a strong competitor in the growing digital wallet market. Unlike traditional payment apps that only facilitate transactions, Curve’s technology integrates financial tools that offer users more control over their money.
Shachar Bialick, Founder and CEO of Curve, stated, “The Wallet Wars are here, and the only solutions available today are simple wallets that do nothing beyond payments. Curve is different—it gives your money superpowers, from avoiding FX fees to splitting old purchases into installments and earning cashback.”
With this latest funding round, Curve is poised to strengthen its infrastructure, expand partnerships, and scale its offerings to better serve consumers. As competition in the digital wallet space intensifies, Curve’s innovation-focused approach may give it a distinct advantage in the evolving financial technology landscape.
