Curve Funding News – UK-based Curve Secures Funding from Samsung Next
Jun 24, 2024 | By Team SR
Curve has Secured Funding from Samsung Next. This new investment takes Curve's total raised funds to over $250 million and will be used to further enhance its products and offerings to financial consumers.
SUMMARY
- Curve has Secured Funding from Samsung Next.
- This new investment takes Curve's total raised funds to over $250 million
Curve connects all your cards in one to simplify payments and supercharge your money. Once you add your debit cards and credit cards to Curve, you unlock a whole range of financial superpowers.
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Carlos Castellanos, investor at Samsung Next said"Consumers often juggle multiple debit and credit cards, leading to a fragmented and cumbersome financial experience. We invested in Curve because of its innovative approach to consolidating multiple cards and accounts into a single digital wallet, offering seamless interoperability and enhanced user experience without requiring consumers to switch banks or change their behavior."
With Curve, you can earn cashback either in Curve Rewards (which is e-money) or Curve Cash Points, you can spend both on your Curve Cash Card. Whichever way you earn cashback, your balance will always be shown in real currency.
Shachar Bialik, CEO and Founder of Curve commented, "We are thrilled to have Samsung Next's financial backing. For four years, Samsung Pay+ powered by Curve in the U.K. has combined all your cards from any bank into one digital card for easy shopping. This latest investment will allow us to continue to deliver the best mobile wallet for our customers. At Curve, we aim to offer consumers a superior payment experience that provides true value and freedom, far beyond what traditional digital wallets have been able to offer."
About Curve
Founded in 2015, Curve is on a mission to simplify the way people spend, send, see and save money. We are focused on an ambitious opportunity fuelled by a couple of trends starting to play out in the market, from fragmentation of financial services to new convergence layers for the customer experience.