Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has officially launched its equity crowdfunding campaign on Crowdcube. The funding round, which was announced earlier this month, has already secured more than £6.8 million from 8000 Crowdcube investors.
As previously reported, 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. We believe the end-game will be a connected world of money, tailored individually for each customer. We’re building this end game – an Operating System for Money.”
Curve recently secured $95 million as part of its Series C investment round. According to Curve, the round was led by IDC Ventures, Fuel Venture Capital, and Vulcan Capital with participation from OneMain Financial (NYSE:OMF) and Novum Capital. The Series C round launched just a little over a year after the company raised $55 million through its Series B round, which was led by Gauss Ventures. Speaking about the campaign’s official launch, Shachar Bialick, Founder and CEO of Curve, stated:
“Today’s the day for those who have followed our crowdfunding campaign closely to be able to invest and join in the next stage of our amazing journey. We’re customer obsessed, so it should come as no surprise that this campaign has been all about our customers. We simply wouldn’t be where we are without them, and I can’t wait to welcome a new wave of customers and supporters as shareholders in Curve.”
Funds from the crowdfunding round and its Series C round will be used to fuel Curve’s international expansion and product innovation. The campaign is set to close at the end of June.
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