Business Wire

Curve’s Eagerly Anticipated Crowdfund Goes Live

Share

The highly anticipated crowdfunding round from Curve, the fast-growing financial super app, is live.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210525005099/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Curve’s eagerly anticipated crowdfund goes live (Graphic: Business Wire)

Prospective investors, including new and existing customers, can find the full details of the crowdfund live on Crowdcube’s website [http://www.crowdcube.com/curve].

The launch of the crowdfunding round follows a highly popular pre-registration campaign, which allowed those who signed up to receive advance details of how to invest. In the first 24 hours of Curve’s announcement on May 11th of its intention to crowdfund, 21,000 individuals signed up to register their interest to invest in the limited number of shares on offer today.

Shachar Bialick, Founder and CEO of Curve, said:“Today’s the day for those who have followed our crowdfunding campaign closely to be able to invest and join in the next stage of our amazing journey. We’re customer obsessed, so it should come as no surprise that this campaign has been all about our customers. We simply wouldn’t be where we are without them, and I can’t wait to welcome a new wave of customers and supporters as shareholders in Curve."

Curve launched the campaign to give its growing customer base an opportunity to share in its future success following the rapid growth it has seen recently. Since its record-breaking crowdfund in September 2019, Curve’s valuation has tripled to £591.7m. Between February 2020 and March 2021 Curve:

  • More than doubled its customer base to over 2 million
  • Expanded its workforce by over 100
  • Saw its gross transaction value grow to £2.6 billion

The proceeds of the crowdfunding round and its successful Series C round will be used to fuel the company’s international expansion and product innovation.

*The issuing of securities is subject to local laws and regulations, some of which place additional requirements on issuers. As a result, Curve has decided to restrict its offer of securities in certain EEA countries. Full details are available on Curve’s pitch page on Crowdcube’s website (see link above).

ENDS

About Curve

Curve is an all in one financial super app. Its mission is to be a one-stop shop for all the financial needs of a consumer; a single point of access to a wide range of financial products and services, bundling together all your money into one smart card and an even smarter app. Unlike other services available in the market today, Curve allows customers to connect and supercharge their legacy banks to the 21st century, without leaving their bank or signing up to a new bank. Curve is live in 31 markets across the UK and European Economic Area (EEA).

Curve provides a host of benefits to its customers:

  • Combines a customer’s Mastercard and Visa debit and credit cards in one card.
  • Enables customers’ cards to fit into Apple Pay, Google Pay, Samsung Pay, FitBit Pay and many more, even if their banks do not support this integration.
  • Curve provides 1% cash back on selected retailers for the first 30 days, or for an unlimited time on Curve’s paid subscriptions.
  • With Curve’s patented Go-Back-In-Time® feature, Curve customers may be able to swap their spend to a different account, up to 90 days after the purchase was made.
  • Increased security and privacy - Curve simplifies customers’ lives by providing them with only one pin to remember; keeping other sensitive card numbers safe by using Curve when spending online; providing real time spending notifications and the ability to lock the Curve card directly from the app.
  • Peace of mind - Curve’s premium Metal offering provides mobile phone insurance and travel insurance to ensure customers can focus on living their lives, rather than worrying about losing their phone or bags when they travel.

Curve supports Mastercardand Visa networks. The Curve Card and e-money, related to cards issued in the UK, is issued by Curve OS Limited, authorised in the UK by the Financial Conduct Authority to issue electronic money (firm reference number 900926). The Curve Card and e-money, related to cards issued in the EEA, is issued by Curve Europe UAB, authorised in Lithuania by the Bank of Lithuania (electronic money institution license No. 73 issued on 22 of October, 2020).

For more information go to www.curve.com, like our Facebook page and follow us on LinkedIn, Twitter @imaginecurve and Instagram @imaginecurve.

About the crowdfund

This announcement is not an offer of securities for sale or subscription in any jurisdiction, and should not be relied upon in connection with any offer. Any investment decision should be based solely on the basis of the terms of the investment, which will be made available to eligible potential investors in due course.

Not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the USA, Canada, and Japan or any other state or jurisdiction in which such release, publication or distribution would be unlawful.

Investing involves risk and should be done only as part of a diversified portfolio. Investing equity in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Approved as a financial promotion by Crowdcube Capital Limited which is authorised and regulated by the Financial Conduct Authority (No. 650205).

END

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

For media enquiries
Charley Bray

Email: charley.bray@imaginecurve.com

About Business Wire

Business Wire
Business Wire



Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

MulteFire Alliance (MFA) Simplifies Path to 5G Private Network Deployment for Enterprise22.6.2021 14:00:00 CEST | Press release

MFA (MulteFire® Alliance), an international organization dedicated to enabling industry verticals to deploy private cellular networks globally, today announced its expanded mission to enable 5G private networks in unlicensed, shared and locally licensed spectrum by providing guidance to enterprises seeking to deploy their own network. Leveraging existing 3GPP 5G specifications, MFA will deliver Uni5G Technology Blueprints to industry verticals. These blueprints will help enterprises select and implement the key features from the 3GPP standards that are relevant to their specific deployment. MFA will also develop best practices and deployment guides, including industry resources on understanding all available spectrum options for 5G private networks. The first Uni5G Technology Blueprint will be available in Q4 2021. According to a recent industry report by ABI Research, the total addressable market size for 5G and 4G/LTE private network equipment for Industry 4.0 use cases will reach ~$

Avania Acquires IMARC, Global Medical Device CRO22.6.2021 14:00:00 CEST | Press release

Avania, a leading global medical technology CRO, today announced its acquisition of IMARC, a highly respected medical device CRO headquartered in Strongsville, Ohio and providing service throughout the United States. IMARC brings more than two decades of full-service clinical research oversight to its clients, including monitoring, auditing, safety, data management, and training. “At Avania, we are focused on building a high-quality, full-service specialist medical technology CRO with global reach,” said Avania CEO Sapna Hornyak. “We are delighted to welcome the IMARC team, with whom we have had the pleasure of collaborating for some time. They bring a great commitment to client service and outcomes and allow us to offer our clients additional depth and strength in the United States, complementing our existing global operations perfectly.” IMARC clients will benefit from Avania’s extended international footprint, gaining access to the company’s extensive network in the EU and Australia

Philip Morris International Relocates Corporate Headquarters to Connecticut22.6.2021 13:30:00 CEST | Press release

Philip Morris International (PMI) (NYSE:PM) today announced the relocation of its corporate headquarters to Connecticut from New York. The move, which was facilitated with the support of Gov. Ned Lamont’s office, will bring approximately 200 jobs to the state—providing a boost to the state’s economy. The new headquarters is expected to be operational by summer 2022. “Connecticut offers a valuable mix of technological know-how, future-forward thinking, and an open-minded approach to problem-solving,” said Jacek Olczak, CEO of PMI. “We consider it an ideal location for our new U.S. head office, where we will be working to more quickly achieve our vision of a smoke-free future. We are excited about what the state has to offer our company, our employees, and their families—and we very much look forward to integrating into the community in a meaningful way.” “We are amid a profound transformation at PMI,” continued Olczak, “and our new base in Connecticut will serve to accelerate our progre

Schlumberger Announces Commitment to Net Zero by 205022.6.2021 13:00:00 CEST | Press release

Schlumberger announced today its commitment to achieve net-zero greenhouse gas (GHG) emissions by 2050. Guided by climate science, Schlumberger has spent 18 months conducting extensive analysis and working with experts to produce a decarbonization plan. With minimal reliance on offsets, the plan is focused on reducing Scope 1, 2 and 3 emissions across the oil and gas value chain—including the introduction of its Transition Technologies portfolio to assist its customers and the wider industry in their decarbonization commitments. Schlumberger is committed to getting to net zero, using 2019 as a baseline year, supported by a comprehensive near-term emission reduction roadmap and interim targets: By 2025, a 30% reduction in Scopes 1 and 2 By 2030, a 50% reduction in Scopes 1 and 2; 30% reduction in Scope 3 By 2050, Net Zero, with minimal reliance on offsets Along this journey to net zero, Schlumberger will ensure transparency in alignment with the Task Force on Climate-related Financial D

Velodyne Lidar, MADD Partner to Advance Understanding of Autonomous Vehicle Technology22.6.2021 12:48:00 CEST | Press release

Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced it is partnering for the third year with Mothers Against Drunk Driving (MADD) on a public education initiative, focusing on the safety benefits of autonomous vehicle technology. The Velodyne and MADD partnership includes educational programs, awareness campaigns and co-sponsored events to continue to build public acceptance of autonomous technology with the goal of reducing and eventually eliminating impaired driving collisions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210622005138/en/ Velodyne Lidar announced it is partnering with Mothers Against Drunk Driving (MADD) on a public education initiative to build public acceptance of autonomous vehicle technology with the goal of reducing and eventually eliminating impaired driving collisions. (Graphic: Velodyne Lidar) To celebrate the third-year together, Natasha Thomas, MNM, Executive Director, MADD Northern Cali

Western Union Releases 2020 Environmental, Social and Governance (ESG) Report22.6.2021 12:00:00 CEST | Press release

The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today released its 2020 Environmental, Social and Governance (ESG) Report, spotlighting the company’s commitment to its stakeholders through an evolved ESG strategy and actions aligned to its key ESG priorities. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210622005354/en/ 2020 Environmental, Social & Governance Report (Graphic: Business Wire) “2020 reinforced the importance of collective action to address global challenges,” said Hikmet Ersek, Western Union’s President and CEO. “Following a year in which borders were sealed and economies struggled, we emerged with an even sharper focus on our role as a connector of people and businesses globally. Our ESG efforts are closely aligned to this view of our business, and our belief that we have a critical role to play in creating solutions and building collaboratio

Zain Iraq Launches Breakthrough Digital Brand oodi on MATRIXX Software22.6.2021 11:00:00 CEST | Press release

MATRIXX Software, a global leader in 5G monetization for the communications industry, today announced its partnership with Zain Iraq to help launch its new digital disruptor brand, oodi. As Iraq’s first all-digital telecom service, oodi launched in May and is powered by MATRIXX’s Digital Commerce Platform. Built from scratch, oodi uses out-of-the-box MATRIXX capabilities to provide Iraqi customers with complete flexibility, transparency, and ease-of-use for their mobile experience. “Our number one priority is to provide our customers with the best and most advanced services,” said Ali Al-Zahid, CEO for Zain Iraq. “Delivering upon those promises requires forging partnerships with forward-thinking companies that can make the future of mobile services and customer experience a reality. MATRIXX is one of those partners.” oodi gives Iraqi customers a simple, all-digital mobile experience that frees them from the traditional retail buying experience. From the moment customers download the ne

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom