.png)
.png)
Total amount raised
$290M
Latest funding date
2025-03-14
Location
Curve has successfully raised funding over 11 rounds, with its latest being a Series D. The company is backed by 40 investors, including Hanaco Venture Capital and Outward VC.
Curve's platform offers a digital wallet that consolidates all your cards into one smart wallet, featuring cashback rewards, travel benefits, and flexible payment options. Keep reading to explore the intricacies of Curve's fundraising journey and the investors backing this innovative platform.
Curve has raised funding across multiple rounds backed by investors including Hanaco Venture Capital, Fuel Ventures, IDC Ventures, Gauss Ventures, and Samsung Next, among others.
Keep reading to explore Curve's fundraising journey, key investors, and what's next for this London-based digital wallet company.
What Is Curve?
Curve is a financial technology company headquartered in London, England. It offers a digital wallet platform that consolidates all of a user's payment cards into a single smart card and app, providing cashback rewards, travel benefits, flexible payment options, and buy-now-pay-later capabilities. Founded in 2015 by Shachar Bialick, Curve serves over 6 million customers across 30+ markets and is regulated in the UK and EEA. The company has been acquired by Lloyds Banking Group.
How Much Funding Has Curve Raised?
- Seed Round
- Amount Raised: USD ~2,000,000
- Date: December 2015
- Lead Investors: Undisclosed
- Investors: Seedcamp, Speedinvest, Taavet Hinrikus (TransferWise co-founder), Ed Wray (Betfair co-founder), Mayor of London Co-Investment Fund
- Seed Extension
- Amount Raised: GBP 2,000,000 (~USD 2,600,000)
- Date: September 2016
- Lead Investors: Undisclosed
- Investors: Connect Ventures, Samos Investments, Paul Townsend
- Series A
- Amount Raised: USD 10,000,000
- Date: July 2017
- Lead Investors: Connect Ventures, BREEGA
- Investors: Santander InnoVentures, Investec, Speedinvest, Oxford Capital, Samos Investments
- Series B
- Amount Raised: USD 55,000,000
- Date: July 2019
- Lead Investors: Gauss Ventures
- Investors: Creditease, IDC Ventures, Outward VC, Santander InnoVentures, Breega, Seedcamp, Speedinvest
- Equity Crowdfunding
- Amount Raised: GBP 5,519,860 (~USD 6,900,000)
- Date: September 2019
- Platform: Crowdcube
- Investors: 9,402 retail/community investors
- Series C
- Amount Raised: USD 95,000,000
- Date: January 2021
- Lead Investors: IDC Ventures, Fuel Venture Capital, Vulcan Capital
- Investors: OneMain Financial, Novum Capital
- Equity Crowdfunding
- Amount Raised: GBP 9,097,660 (~USD 12,600,000)
- Date: May 2021
- Platform: Crowdcube
- Investors: 10,562 retail/community investors
- Debt Facility
- Amount: USD 1,000,000,000 (credit facility, not equity)
- Date: December 2022
- Provider: Credit Suisse
- Note: This is a lending/credit facility to fund Curve Flex (BNPL) loans, not equity investment.
- Series C Extension
- Amount Raised: GBP 58,000,000 (~USD 73,000,000)
- Date: September 2023
- Lead Investors: IDC Ventures
- Investors: Cercano Management, Britannia, Cohen Circle, Outward VC, and existing shareholders
- Strategic Investment (Equity)
- Amount Raised: GBP 29,700,000 (~USD 37,700,000) equity + GBP 11,600,000 convertible loan
- Date: January–May 2024
- Lead Investors: Undisclosed
- Investors: New and existing shareholders
- Strategic Investment
- Amount Raised: Undisclosed
- Date: June 2024
- Lead Investors: Samsung Next
- Note: Takes total funding to over USD 250,000,000
- Series D
- Amount Raised: GBP 37,000,000 (~USD 47,000,000)
- Date: March 14, 2025
- Lead Investors: Hanaco Venture Capital
- Investors: Fuel Ventures, IDC Ventures, Outward VC, Lord Stanley Fink
Total Amount Raised: at least $290M based on disclosed equity funding (excluding the $1B Credit Suisse credit facility, which is a debt/lending facility, not equity).
Key Investors
- Hanaco Venture Capital
- Details: Hanaco Venture Capital led Curve's Series D in March 2025 with a £37M investment. The firm focuses on Israeli startups and invests at early and growth stages.
- IDC Ventures
- Details: IDC Ventures co-led Curve's Series C in January 2021 and participated in the 2023 Series C extension. A long-standing strategic investor in Curve.
- Fuel Ventures
- Details: Fuel Ventures participated in Curve's Series C and Series D rounds. Focused on technology startups and digital innovation.
- Gauss Ventures
- Details: Gauss Ventures led the $55M Series B in July 2019. A London-based investor focused on fintech.
- Samsung Next
- Details: Samsung Next made a strategic investment in Curve in June 2024, supporting Curve's digital wallet and payments innovation.
- Outward VC
- Details: Outward VC (formerly Investec's INVC fund) has participated in multiple Curve rounds including Series B, Series C extension, and Series D.
What's Next for Curve?
Curve is focused on reaching full-year profitability and launching new products including Curve Pay, a rival to Apple Pay and Google Pay. The company has partnerships with Samsung, PayPal, and Visa, and serves over 6 million customers across 30+ markets. With fresh capital from its Series D, Curve aims to expand its digital wallet ecosystem and deepen market penetration across the UK and Europe.
Use Clay to Get Funding Data
Sales professionals, leverage Clay's platform to access comprehensive fundraising data. Sign up for free today.
