Curve has secured a £37m investment led by Hanaco Ventures, with participation of existing shareholders such as Fuel Ventures, IDC, Outward VC and Lord Stanley Fink.
The London FinTech’s technology brings users’ debit and credit cards into one app.
The funding will support Curve’s ambitious plans for 2025, including industry-first product launches and a series of customer-driven enhancements set to redefine how consumers manage their money in the future.
The capital injection also strengthens Curve’s financial position, accelerating its path to profitability while continuing to innovate and scale.
In 2023 Curve secured £58m in additional funding to take its Series C round to £133m.
Shachar Bialick, founder and CEO of Curve. “This latest investment reflects the confidence in Curve’s vision to redefine the digital wallet space.
“The Wallet Wars are here, and the only available solutions for customers to date are simple wallets which do nothing more than let you pay with your card.
“Curve is the only wallet that adds superpowers to your money; avoid Fx fees from any linked card, split old purchases into instalments, earn cashback on top of any card and more.
“This investment would allow us to invest further in our customer experience, bring new partnerships, and accelerate our path to profitability.”
Tomer Jacob, at Hanaco, said: “Curve reimagined the digital wallet delivering a one-of-a-kind financial experience that simplifies and supercharges how you pay and manage your money – all without changing your bank.
“The Curve team has proven to be resilient and innovative, and we are excited to support Curve as it continues to grow, bringing more choice and flexibility to the digital wallet market, and to its millions of users.”
A key milestone for the company will be the upcoming launch of Curve Pay, a digital wallet alternative for Android and iOS users.
Curve has amassed more than 6 million customers globally, and processes billions in payments annually while continuing to innovate in digital finance.