London-based digital wallet Curve has secured a £37 million funding round, led by Hanaco Ventures, with participation from Fuel Ventures, IDC, Outward VC, and Lord Stanley Fink. This latest investment strengthens Curve’s financial position as it pushes toward profitability.
Having raised nearly £300 million in total, Curve consolidates multiple payment cards into a single smart card and app, offering users stacking rewards, real-time spending insights, and zero foreign exchange fees. The platform now boasts over six million users worldwide.
Curve’s innovations include ReFI, which allows users to instantly transfer balances between cards to avoid interest accrual, late fees, and overdrafts, and Curve Flex, which lets customers split past or future purchases into installments at any retailer.
This week, Curve partnered with Infact to introduce real-time credit reporting for Curve Flex customers. The company is also preparing to launch Curve Pay, a digital wallet alternative for Android and iOS.
CEO Shachar Bialick declared, “The Wallet Wars are here, and existing wallets simply let you pay with a card. Curve is the only wallet that adds superpowers to your money—avoiding FX fees, splitting old purchases into installments, earning cashback on top of any card, and more.”