Growing fintech set to launch first crowdfunding campaign

A fintech company aiming to double in size in the next 12 months is launching its first crowdfunding campaign in September.

Curve, a banking platform which consolidates multiple cards and accounts into one place and is supported by a mobile app, will launch the seven-figure campaign next month using the Crowdcube platform.

Valued at $250m, Curve has over 500,000 users and has already raised over $70m in Series B funding since launching its All Your Cards in One smart card and app in 2018.

With a team of over 160 employees, it is aiming to double its customer base to over one million by the end of the year.

The Crowdcube campaign will enable eligible customers to invest at the same Series B valuation as renowned institutional investors such as Gauss Ventures, Creditease, Cathay Innovation, IDC Ventures, and Santander.

Shachar Bialick, founder and CEO of Curve said: “Curve’s crowdfunding campaign presents an exceptional opportunity for our eligible customers to invest in a product they love and a business that is growing at a phenomenal rate.

“Innovation at Curve is constant, and we will be rolling out a series of game changing benefits and functionalities, while continuing our growth into Europe in the months ahead.”

Luke Lang, co-founder of Crowdcube, added: “Curve’s campaign shows how harnessing the power of community can be turned into a strategic business milestone.

“We’re delighted to be partnering with Curve to open up an exciting avenue for new and existing customers to invest.”