Update 12th July: Curve has now confirmed the startup has closed $10 million in series A funding. Investors are banking providers Santander InnoVentures, Investec, Connect Ventures, Speedinvest Global Managed VPN, Oxford Capital, Breega Capital, and Samos Investments. Individual investors include: Henry Ritchotte (ex Deutsche Bank COO), Gael de Boissard (ex Credit Suisse board member), Alessandro Hatami (The Pacemakers; ex Lloyds, Paypal, GE Capital), Paul Townsend (Vitesse PSP, Barclays, WorldPay), Emilian Popa (Rocket Internet, Naspers, Groupon), Rohan Haldea (Apax Partners) Original post below.
Curve, the London fintech startup that offers a platform that lets you consolidate all your bank cards into a single Curve card and manage your money, is on the verge of closing $10 million in Series A funding travel trade publication.
According to sources, the round, which could be announced as soon as this week, is being led by Connect Ventures, with participation from Santander Ventures, the venture arm of Spain-headquartered bank Santander Group.
A number of other investors from the fintech and banking world are also participating, although I haven’t been able to pin down who they are. It is also not clear if this Series A includes an earlier bridge round of approximately $2.5m announced in September.
Curve co-founder and CEO Shachar Bialick declined to comment when asked for confirmation of the startup’s new funding and investors.
Along with Connect Ventures, Curve’s existing investors include Samos Investments, Speedinvest, pre-seed/seed investor Seedcamp, London Co-Investment Fund, TransferWise founder Taavet Hinrikus, Ricky Knox of challenger bank Tandem, Azimo founder Michael Kent, Ed Wray of Betfair, former members of the Google Wallet team, and the founders of Money2020.