Curve, a London-based fintech startup, raised $10 million in a Series A financing round. The investors included Santander InnoVentures, Investec, Connect Ventures, Speedinvest, Oxford Capital, Breega Capital, Samos Investments, as well as several business angels.
Curve allows users to consolidate their bank account and credit card information on one platform. The app, which links users’ financial information, aids in tracking spending and expenses. Curve also recently launched a patent-pending 'financial time travel' feature.
Curve says that the funding will be used to accelerate growth ahead of launching out of Beta this year, including hiring additional staff and developing more features for their platform.
"It’s rare for such a wide set of banks, investors and leaders to agree on the potential for a disruptive product so early on. The investment highlights growing consensus that we will open up a new ‘Connected Finance’ industry category - with platforms like Curve which re-bundle the financial space, making it possible for you to securely manage your money, on-the-go, all in one place," said Shachar Bialick, founder and CEO of Curve, in a statement to tech.eu.
Read more: TechCrunch
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