Curve, the digital wallet that saves you money, announced today it has secured a £37m investment led by Hanaco Ventures, with participation from existing shareholders such as Fuel Ventures, IDC, Outward VC, and Lord Stanley Fink. The funding will support Curve's ambitious plans for 2025, including industry-first product launches and a series of customer-driven enhancements set to redefine how consumers manage their money in the future. Crucially, this capital injection strengthens Curve's financial position, accelerating its path to profitability while continuing to innovate and scale.
With regulatory changes forcing behemoths like Apple to open their NFC technology and digital wallet adoption surging across the UK and Europe, combined with banks actively looking to introduce their own Wallet solutions, the market is primed for intense competition in digital wallets. As people seek more options and greater flexibility in how they control their finances, Curve, as the established champion for consumer choice, is developing an offering that benefits both consumers and banks simultaneously. The investment from Hanaco will further enable Curve to capitalise on these market shifts—precipitated by consumer demand for more choice—expanding its market presence and partnerships, strengthening its infrastructure, and enhancing customer experiences.
Curve has consistently delivered a digital wallet designed to provide greater control and flexibility to its growing global customer base, which now exceeds six million users. Starting with the Curve Card—the one card to rule them all—the company has built an ecosystem that enables users to stack rewards, gain real-time spending insights, and avoid foreign exchange fees. Innovations such as Go Back in Time® allow customers to retroactively move transactions between cards, helping them manage cash flow, avoid debt, and optimise financial planning.
Curve also offers a number of unique borrowing features and benefits. Curve ReFI enables customers to instantly transfer balances from one card to another, preventing unnecessary interest accrual, late payment fees, and overdrafts. Another recent invention, Curve Flex, enables customers to split any past or future purchases into manageable instalments, wherever they shop. Strengthening its commitment to financial empowerment, Curve has partnered with Infact to introduce real-time credit reporting for Curve Flex customers.