Curve, a London-based fintech company that’s software allows customers to link their bank cards to one Mastercard, has recently announced its full consumer launch. As previously reported, Curve was founded in 2015 and proclaims itself to be the next generation of payments after the “humble” bank card.
“We believe that payments should be easy, secure, and accessible from every interface and device. We believe that people should have a holistic view of their finances across all their bank accounts and credit cards, use their money intelligently and be able to pay with any of them anytime, anywhere securely and privately.
During an interview with TechCrunch, Founder and CEO of the company, Shachar Bialick, stated that 50,000 consumers have signed up for the launch’s waitlist, which is an addition to the 100,000 users who joined the Curve platform in its beta phase. Bialick noted that waitlist users will be activated as of today. Curve’s platform is notably free to join, with a premium version of the Curve Card also available that has additional perks for £50.
Some features of Curve’s platform include:
- All in one platform: Seeing all spending, across all cards, in one place.
- Safer spending: Instant spend notifications, lock/unlock lost card in the app, and unlike other cards,
- Saving abroad: Avoid hidden fees, and spend abroad with Curve’s low 1% FX fee – even when users spend through their regular debit and credit cards.
- Effortless expenses: Connect all cards to Xero accounting software through Curve, and completely automate the job of managing business expenses.
Curve also claims to be the world-first, patent pending ‘Go Back in Time’ feature allows you to switch the card you pay with, up to two weeks after a purchase.
The full consumer launch comes just a little over six months after Curve secured $10 million through its Series A funding round. The company’s investors include Santander InnoVentures, Investec, Oxford Capital and Breega Capital, Speedinvest, Seedcamp, Connect Ventures, Taavet Hinrikus (TransferWise CEO & co-founder) and Ed Wray (Betfair co-founder).