Curve, the London-based fintech that combines multiple cards and accounts into one smart card and even smarter app, has secured $95 million from a group of international investors as part of a Series C round.
The funding was led by IDC Ventures, Fuel Venture Capital and Vulcan Capital (the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen) , with participation from OneMain Financial (OMF), the US personal finance company, and Novum Capital.
IDC Ventures has funded scale-ups such as Tradeshift, RecargaPay, Boatsetter and CookUnity. Counting IDC Ventures, Curve also attracted many of its investors for a second time.
Curve raised almost $175 million to date.
Curve will use the investment to expand internationally, including to the US, and to deepen its European reach. Curve will also use the fresh funding to drive ongoing product innovation, notably of Curve Credit in early 2021, Shachar Bialick, founder and CEO of Curve, said.